{% extends "global/Page.html" %} {% load otree static %} {% block title %} You give us instructions about which option you want {% endblock %} {% block content %}

Here is an example of how a decision in the experiment looks like:


Example decision

Suppose the endowment and Option 1 in your bonus file are as follows:

Your endowment is £{{base_endowment_init}}.

Option 1: Take the risk
(i.e., adjust my endowment by the outcome of):
Option 2: Take amount
(i.e., adjust my endowment by):
£x

Your decision: “Please give me Option 2 (the amount) if it is £ or more and Option 1 (the risk) otherwise.”

As you wish: If {{user_chosen_decision}}.pdf shows Option 1 as above, then:

  • We give you Option 1 if the amount is less than £.
  • Otherwise, we give you Option 2.


Note:

  1. Effectively, you instruct us about the smallest amount that you want more than Option 1 — your threshold value. Because Option 1 would never give you less than £-1.50 and never more than £6.00, you may wish to select a threshold value within this range.
  2. There are no wrong or right answers. Please give us instructions according to what you want (Option 1 or Option 2, depending on £x). If you tell us what you want, we will give you what you want! That (what you want) is also what we are interested in and want to investigate in this study.
{{ formfield_errors "example_question_check" }}

To ease your understanding, please enter the following threshold values and see how the text summarizing your decision changes: -0.52, 0.13, 18.00, -4.70.

{% endblock %}