Table 3.
The Allais gambles: Participants choose between lottery L1 and lottery L2 for z = 2400 versus z = 0.
| (ol, pl) | (o2, p2) | (o3, p3) | |
|---|---|---|---|
| L1(z): | (z, 0.66) | (2500, 0.33) | (0, 0.01) |
| L2 (z): | (z, 0.66) | (2400, 0.34) |
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