Imagine a decision task in which you are to choose between two alternatives that involve blindly drawing a single chip from one of two urns, labeled A and B respectively. Both urns contain colored balls. The proportion of the different colors is described below. Also described below are the payoffs from drawing a ball of a specific color from each of the two urns. Your task is to decide from which urn you would draw a ball, urn A or urn B?

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Urn A Outcome Urn B Probability Outcome -$15 -$10 $45 $45 $0 Probability 2% 1% 1% -$15 -$15 $30 $45 2% 1% 1% Yellow Blue Green Red 6% 6% $0 90% White 90%