Pseudocertainty Effect Quiz

Explore how the pseudocertainty effect might influence your decision-making in uncertain situations.

Question 1 of 7Version: 1.0

You are offered a two-stage lottery. In the first stage, you have a 75% chance to move to the second stage. In the second stage, you can either choose an 80% chance to win $100 or a sure gain of $75. What do you pick if you reach the second stage?

Choose the sure gain of $75 immediately.

Choose the 80% chance to win $100, considering potential total outcomes.

Evaluate both options extensively before deciding.

Ask for more time to think about probabilities.