Your Decision for Each Round
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In each round you will be asked to choose one of two options, W and Y.
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Your payoff is based on your choice and the choice of the other subject that you are paired with.
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A payoff table will be given to you at the start of the interaction.
These payoffs will remain the same throughout the interaction.
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The following is an example of the payoff table. In this example, if
you choose W and the other chooses Y in a round, your payoff will be {{ P21 }} Francs in this round, and the other's
payoff will be {{ P12o }} Francs.
{% include Constants.payoff_table %}
{# #}
{#
#}
{# #}
{# | Your choice | #}
{# Other' choice | #}
{# Your payoff | #}
{# Other's payoff | #}
{#
#}
{# #}
{# | Y | #}
{# Y | #}
{# 10 | #}
{# 2 | #}
{#
#}
{# #}
{# | Y | #}
{# W | #}
{# 8 | #}
{# 5 | #}
{#
#}
{# #}
{# | W | #}
{# Y | #}
{# 7 | #}
{# 6 | #}
{#
#}
{# #}
{# | W | #}
{# W | #}
{# 3 | #}
{# 9 | #}
{#
#}
{#
#}
{# #}
{# - #}
{# In each round, you will also be asked to make a guess as to which choice (W or Y) the other participant will make.#}
{#
#}
{# - #}
{# If you correctly guess the choice of the other participant, you will receive a raffle ticket.#}
{#
#}
{# - #}
{# At the end of the experiment, one raffle ticket will randomly be selected from all the tickets earned by#}
{# the participants in the session, and the winner will receive a bonus of {{ raffle_bonus }} Francs.#}
{#
#}
{# - #}
{# The more raffle tickets you have, the more likely you are to get the bonus payment.#}
{#
#}
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After both you and the other participant have made a choice,
you will see your payoff as well as the choice and payoff of the other participant.
{# - #}
{# You will not be able to see whether you have received your bonus payments until the end of the experiment.#}
{#
#}
Payoff
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Your payoff for the interaction will be the sum of the payoffs for each round.
{# , plus potential bonus payment from the raffle tickets.#}