Table 3.

Material from Takeuchi et al. [92].

Options Available to Participants
Option 1
50% chance of losing a fixed amount X (2500, 5000, 10,000, or 15,000 yen depending on the trial)			50% chance of winning an amount Y (between $0.5\times X$ and $10\times X$)
Option 2
50% chance of losing 0 yen			50% chance of winning 0 yen
Loss aversion parameter (λ) calculated from the prospect theory of Kahneman and Tversky
Low aversion		Medium aversion		High aversion
0 < λ < 3.33		3.34 < λ < 6.66		6.67 < λ < 10