Pymetrics Games Fairness and Trust Scenarios Questions and Answers

Question 1

In the Pymetrics Money Exchange Game #1, a candidate sends $2 of their initial $10 to a partner.
This amount is tripled to $6.
The partner sends back $3.
The candidate then rates this transaction as 'very fair'.
What does this combination of behaviors most likely indicate?

Accepted Answer

Low initial trust, but a strong preference for equitable outcomes.

Answer

High trust and a focus on maximizing personal gain.

Answer

A misunderstanding of the game's rules and objectives.

Answer

High risk tolerance and low attention to detail.

Question 2

The Pymetrics Money Exchange Game #2 is specifically designed to assess altruism. Which of the following game mechanics is central to measuring this trait?

Accepted Answer

The candidate decides how much of an unearned, extra sum of money to give to a partner to make the final amounts more equal, without an expectation of direct reciprocation.

Answer

The candidate sends an amount that gets tripled, and their trust is measured by how much they expect to get back from the partner.

Answer

The candidate must choose between a guaranteed small reward and a risky large reward, which is then shared with a partner.

Answer

The candidate rates the fairness of a transaction after a partner has returned a portion of the money.

Question 3

A candidate in the Money Exchange Game #1 (the trust game) consistently chooses to send the maximum amount of $10 to their partner in the transaction. This action is the strongest behavioral indicator for which Pymetrics-measured trait?

Accepted Answer

Trust

Answer

Attention to Detail

Answer

Planning

Answer

Altruism

Question 4

Which of the following scenarios from the Money Exchange Game #1 (the trust game) would most strongly indicate a candidate's low tolerance for what they perceive as unfairness?

Accepted Answer

Sending $9 (becomes $27), receiving $5 back, and rating the transaction as 'Extremely Unfair'.

Answer

Sending $2 (becomes $6), receiving $3 back, and rating the transaction as 'Very Fair'.

Answer

Sending $5 (becomes $15), receiving $7.50 back, and rating the transaction as 'Neutral'.

Answer

Sending $0 and therefore not being prompted to provide a fairness rating.

Question 5

In the Money Exchange Game #2, a candidate starts with $10 and their partner starts with $0. The candidate chooses to give $5, resulting in both players having $5. This decision is most directly a measure of:

Accepted Answer

Altruism and a preference for fairness.

Answer

Strategic thinking to maximize long-term gains.

Answer

Risk aversion in financial matters.

Answer

Trust that the partner will repay them later.

Question 6

How does the assessment of 'Trust' in the Money Exchange Game #1 differ from the assessment of 'Risk Tolerance' in the Balloons Game?

Accepted Answer

Trust is a social trait measured through an interaction with a partner, while Risk Tolerance is an individual trait measured by pushing a known limit.

Answer

Trust is measured by a single decision, while Risk Tolerance is measured over multiple, escalating trials.

Answer

Trust involves financial calculations, while Risk Tolerance involves reaction time.

Answer

There is no difference; both games measure a candidate's willingness to accept potential losses for a greater gain.