Decision 1. You do not know your type. You can either be sickly or healthy with a 50% chance of each. Each person chooses to either purchase insurance or not and this is posted in the Discussion Board for this experiment. This should be labeled Decision 1: Decision 2. Here we will simulate the market if you did know your type - sickly or healthy. 2 To do this, you must make a choice for each type that you might be. You are either sickly or healthy but you must make a choice in each case and only the choice which is your true type (which is randomly assigned as outlined above) is enforced. Post your decision in Discussion Board for the experiment with one decision for each type that you might be. This should be labeled Decision 2: In summary, your discussion thread you create should look similar to the one below. Decision 1: XXX Decision 2: if sickly YYY If healthy ZZZ Where XXX, YYY, and ZZZ are your decisions to either buy or not buy insurance