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Recognize, evaluate, and respond to system interactions

You’ve been given the chance to select one of the following two games and play it just once. In both cases, you will pick a coin from your own pocket (to show there’s no trick involved) and toss it, then you have two options:

  • Game A: If you toss heads, you’ll receive €200. If you toss tails, no money will be exchanged.
  • Game B: If you toss heads, you’ll receive €600. If you toss tails, though, you have to pay €200.

Which one would you choose?

Next: Loss aversion