This interactive element allows you to experience the simulation described in Chapter 2. There are three different ways to run a simulation:
All three simulations choose between four options with two outcomes shown below. You can change the probabilities with which each of the two outcomes occurs (p). If you decrease the probability of one of the outcomes, the other will increase. In addition, you can determine the values of each of the two outcomes. To change all probabilities and values to those of one of the four prepared examples, click on an example preset—try all four. The strategies featured in the simulations correspond to the strategies described in the chapter.