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Stage 5

In this stage you will make two economic decisions that will determine the earnings of 4 other randomly selected participants in this session. We will call these participants the beneficiaries and label them Beneficiary 1, 2, 3 and 4:


Your earnings from this stage will be the sum of the amounts allocated to you by those participants for whom you were a beneficiary. Since you cannot determine your own payoff in this stage, you should focus only on how to distribute money among the beneficiaries assigned to you.

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