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