TO2.0Participant name ...

Answer Sheet

First value

Second value

Third value

Fourth value

y1 = €. ...

y2 = €. ...

y3 = €. ...

y4 = €. ...

€25

Determining first number y1

TO2.1

€16½

½

½

½

Left prospect Right prospect

€3

€Y

y1 = ...

- For small values of Y you prefer the right prospect.- For large values of Y you prefer the left prospect.

- For some value of Y, which we call y1, your preference

switches.- Fill this switching value in below, and then on page TO2.0.

€Y

Determining second number y2

TO2.2

€3 €16½

½

½

½ ...

First substitute yourvalue y1 here.

- You have substituted your value y1.

- Determine your switching value of Y again.

- We call it y2 (obviously, y2 > y1).

- Fill it in below and on page TO2.0.

y2 = ...

€Y

Determining third number y3

TO2.3

€3 €16½

½

½

½ ...

First substitute yourvalue y2 here.

- You have substituted your value y2.

- Determine your switching value of Y again.

- We call it y3 (obviously, y3 > y2).

- Fill it in below and on page TO2.0.

y3 = ...

€Y

Determining fourth number y4

TO2.4

€3 €16½

½

½

½ ...

First substitute yourvalue y3 here.

- You have substituted your value y3.

- Determine your switching value of Y again.

- We call it y4 (obviously, y4 > y3).

- Fill it in below and on page TO2.0.

y4 = ...