to2.0 participant name... answer sheet first value second value third value fourth value y 1 =...
TRANSCRIPT
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 = ...