Comprehension Test on Pairs of Options

Please answer the following questions about the pairs of options.

Suppose you choose Option A. What outcome will you obtain?

150 pence with 50% chance, and 50 with 50% chance.
150 pence with 50% chance, and 30 with 50% chance.
50 pence with 50% chance, and 90 with 50% chance.

{% if error == 1%} {% if test_1 == 0 %}

You gave a wrong answer to this question.
Remember that the outcome will depend on the option you choose. In the example, you choose Option A.

{% elif test_1 == 1 %}

You answered this question correctly.
If you choose Option A, you obtain 150 pence with 50% chance, and 50 with 50% chance.

{% endif %} {% endif %}

Consider the task above. Suppose you choose Option B and the wheel of fortune stops on field 46. Which of the following is correct?

Option A pays 150 pence and Option B pays 50. I receive 50.
Option A pays 30 pence and Option B pays 90. I receive 30.
Option A pays 30 pence and Option B pays 50. I receive 50.

{% if error == 1%} {% if test_2 == 0 %}

You gave a wrong answer to this question.
Remember that your payoff depends on which option you choose and on the turn of the wheel of fortune.

If the wheel of fortune stops on fields {{ ff }}-{{ ft }} (that corresponds to a {{ p }}% chance), Option A pays {{ o1 }} pence, {% if type == "coin" %} and {% endif %}Option B pays {{ o2 }} pence{% if type == "reduced" %}, and Option C pays {{ o3 }} pence{% endif %}. {% endfor %}

If you choose Option A{% if type == "coin" %}, or you choose Option C and the computer implements Options A {% endif %}, you receive the payoff generated by Option A.
If you choose Option B{% if type == "coin" %}, or you choose Option C and the computer implements Options B {% endif %}, you receive the payoff generated by Option B.

{% elif test_2 == 1 %}

You answered this question correctly.
If the wheel of fortune stops on field 46, Option A pays 30 and Option B pays 60. If you chose Option B, you receive 60 pence.

{% endif %} {% endif %}

Which of the following is correct?

{% if type == "coin" %} If I decide to flip a coin, the computer will implement the Option that gives me the highest possible payoffs. {% else %} My choice will determine the turn of the wheel of fortune. {% endif %}
{% if type == "coin" %} If I decide to flip a coin, the computer will implement the Option that gives me the lowest possible payoffs. {% else %} My choices will not impact my earnings from this experiment. {% endif %}
My choices determine my bonus payment. At the end of the experiment, I will receive feedback about the outcome of the choice that was randomly drawn to determine my bonus payment.

{% if error == 1%} {% if test_3 == 0 %}

You gave a wrong answer to this question.
{% if type == "coin" %} If you choose Option C - flip a coin, the computer does not implement an option depending on whether it gives you a high or a low payment. The computer simply implements Option A or Option B with equal probability. {% else %} The turn of the wheel of fortune is not impacted by the choice you make. {% endif %}
The choices you make in this experiment determine the bonus payment you can obtain in this experiment. At the end of the experiment, you will receive feedback about the outcome of the choice that was randomly drawn to determine my bonus payment.

{% elif test_3 == 1 %}

You answered this question correctly.
Your choices determine your bonus payment. At the end of the experiment, you will receive feedback about the outcome of the choice that was randomly drawn to determine my bonus payment.

{% endif %} {% endif %}