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Each trial started with the presentation of an offer: an apple tree that combined 1 of the 6 possible levels of stake (1, 3, 6, 9, 12 and 15 apples), and 1 of 5 possible effort levels (60%100%% of subject's MVC), indicated by the height of the tree trunk and highlighted in yellow on the top of the trunk (Fig. 1).
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There are more than 400 online card rooms operating today, offering every variety of poker game and every level of stakes.
In addition, probationer's level of "stakes in conformity" served to inhibit both measures of recidivism, suggesting that offenders with more social bonds were less likely to incur a rearrest or citation for a technical violation.
Consequently, they suggest that the average level of stakes in laboratory experiments correspond to the most common choices that individuals take.
Volcanic crises involve high levels of uncertainty and high stakes.
Evidence of risk aversion in laboratory settings over small stakes leads to a priori implausible levels of risk aversion over large stakes under certain assumptions.
We first calculated "expected reward": the reward a participant would obtain for exerting a particular force, given the combination of stake and effort level on offer.
First, responsibility must be clearly delineated between the various levels of power that have a stake in our educational system.
In volcanology, past crises have demonstrated the complexity of managing low-probability, high-impact risks, in light of high levels of uncertainty combined with high stakes.
Players can choose from different stakes and levels of payout, from a $5.50 match with a $10 prize to a $55 wager which pays out $100 to the winner.
"But there is a level of pride at stake and a belief that we can get a result".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com