There will be a comprehension test at the end of this tutorial.
This test needs to be passed in order to proceed to the next part of the study.
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There will be a comprehension test at the end of this tutorial.
This test needs to be passed in order to proceed to the next part of the study.
If you proceed, you will be playing 70 rounds of a card lottery.
This lottery always consists of 2 card decks that you can choose from.
Both card decks yield different possible outcomes each, and each of the possible outcomes is associated with
a certain probability of occurrence. In other words, each outcome has a certain likelihood of being drawn.
The outcomes can range from -100 points to +100 points. 10 points are worth: 1 cent. That means you can either win or lose points each round. Sometimes the decision might even be finding the lesser of two evils (two losing card decks). An event probability can range from 0% (sure to NOT occur) to 100% (sure to occur).
Important: All outcomes and likelihoods change from round to round. No card lottery round is like the other.
The two card decks that you can choose from within each round differ in their information transparency:
One card deck comes with a full description, meaning you will see all
possible outcomes and their associated probabilities like in the picture to the right.
Again, a probability can range from 0% to 100%.
Outcomes (points) can vary from -100 to 100.
The other card deck does not come with a full description of all possible events and their respective likelihoods. However, you can test this card deck as often as you want and draw cards without cost from this infinite card deck in order to explore its outcome(s) and their associated likelihood(s).
To test it, click the button "Draw Card" next to the card deck and the drawn outcome will appear within the white card deck instead of the "Draw Card" placeholder.
After you have made up your mind, which card deck you want to play, you can choose the associated option out of the select buttons (radio buttons) at the bottom of the screen and press "Play real card lottery with chosen card deck".
A card will then be drawn in the background according to your selection and be counted towards your
overall bonus.
However, you will receive no feedback about the outcome of the lottery up until the very
end of the study.
After your decision, the next round starts immediately.