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Welcome to this experiment!
Before we begin, please ensure your phone is set to silent mode. Only the calculator provided on your desk is permitted for use during the study. Other electronic devices are not allowed, and we ask that you refrain from communicating with others during the experiment. After the study, it is important not to discuss the tasks with anyone.
Participation Details and Payment Information:
Your participation in this experiment is completely voluntary. You may choose to leave at any time, but note that if you do so before completing the study, you will only receive the participation fee of ${{Constants.base_payment}}.
If you complete the experiment, you will be paid a fixed amount of ${{Constants.base_payment}}. In addition, you can earn extra money based on your decisions during the experiment. All payments, including your participation fee and any additional earnings, will be made in cash at the end of the experiment. More information about these additional earnings will be provided as we progress.
More information about these additional earnings will be provided as we progress.Accuracy of Information:
All instructions and descriptions that you will receive in the experiment are accurate and true. According to the policy of this lab, at no point will we attempt to deceive you in any way.
Guarantee of Anonymity:
We want to assure you that your responses in this experiment are completely anonymous. We do not collect personally identifiable information, and your responses cannot be linked to your identity.
Session Overview:
Today's session includes four main activities and is expected to last around 30 minutes. You will begin with a cognitive abilities test, followed by two tasks involving probability estimations. The session will conclude with a short questionnaire. To ensure you fully understand the instructions, you will need to answer some comprehension questions at various points during the study. It is crucial to answer these correctly to proceed; therefore, please pay close attention to the instructions and raise your hand if you have any questions.