Table 1. Probabilities and magnitudes of reward for the two prospects in each trial, for the 14 experimental conditions and the 3 control conditions.
Experimental Conditions | ||||||
Reward Magnitude (coins) | Reward Probability (%) | EV | EV | EV Ratio | ||
Prospect 1 | Prospect 2 | Prospect 1 | Prospect 2 | Prospect 1 | Prospect 2 | |
1 | 4 | 60 | 40 | 0.6 | 1.6 | −0.909 |
1 | 5 | 70 | 30 | 0.7 | 1.5 | −0.727 |
1 | 4 | 70 | 30 | 0.7 | 1.2 | −0.526 |
2 | 5 | 60 | 40 | 1.2 | 2.0 | −0.500 |
1 | 3 | 70 | 30 | 0.7 | 0.9 | −0.250 |
1 | 5 | 80 | 20 | 0.8 | 1.0 | −0.222 |
3 | 5 | 60 | 40 | 1.8 | 2.0 | −0.105 |
3 | 4 | 60 | 40 | 1.8 | 1.6 | 0.117 |
4 | 5 | 60 | 40 | 2.4 | 2.0 | 0.182 |
1 | 3 | 80 | 20 | 0.8 | 0.6 | 0.286 |
2 | 3 | 70 | 30 | 1.4 | 0.9 | 0.435 |
3 | 4 | 70 | 30 | 2.1 | 1.2 | 0.545 |
1 | 2 | 80 | 20 | 0.8 | 0.4 | 0.667 |
2 | 3 | 80 | 20 | 1.6 | 0.6 | 0.909 |
Prospect 1 was arbitrarily designated as having the higher reward probability (EV = expected value = probability X magnitude).