Preferences Survey for ECO254 (Behavioral Economics)
A quick survey about your preferences for ECO254.
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Questionnaire about Lotteries
In the three exercises below, I ask you to make a choice about possible decisions you might make with money. There is no *right* answer to these questions. The questions are about your preferences. If there were money at stake, what would you do? Which risk choice would you pick?
Lottery choice 1
Please choose one of the lotteries
The 6 circles ("pies") above represent six potential risky choices. The size of the slices of the pie indicate the probability with which each outcome could occur (e.g. 50-50).  The amounts indicated in each slice of the circles say how much money you would receive if that outcome were to occur.
Clear selection
Lottery choice 2
Please choose one of the lotteries
The 6 circles ("pies") above represent six potential risky choices. The size of the slices of the pie indicates the probability with which each outcome could occur. The shaded in area says where there is uncertainty over which outcome is more likely (that is, the exact size of the slices is not known).  The amounts indicated in each slice of the circles say how much money you would receive if that outcome were to occur.
Clear selection
Lottery choice 3
Please choose one of the lotteries
The 6 circles ("pies") above represent six potential risky choices. The size of the slices of the pie indicate the probability with which each outcome could occur.  The amounts indicated in each slice of the circles say how much money you would receive if that outcome were to occur.
Clear selection
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