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. Author manuscript; available in PMC: 2012 Sep 1.

Published in final edited form as: Dev Rev. 2011 Sep;31(2-3):180–206. doi: 10.1016/j.dr.2011.07.004

Table 1. Example of the Allais Paradox: Choosing between a Sure Thing and a Gamble and between Two Gambles.

Decision 1				Decision 2
Option A		Option B		Option A		Option B
Winnings	Probability	Winnings	Probability	Winnings	Probability	Winnings	Probability
$1 million	100%	$1 million	89%	Nothing	89%	Nothing	90%
		Nothing	1%	$1 million	11%	Nothing	90%
		$5 million	10%	$1 million	11%	$5 million	10%