{{ extends 'global/Page.html' }} {{ block title }}Instruction for Task B{{ endblock }} {{ block content }}

Please read this page carefully!

In Task B, I will first give you the endowment of ${{ C.ENDOWMENT }}. Note that this ${{ C.ENDOWMENT }} is related to Task B only. Then I am going to ask you the following list of questions:

Question # Option X Option Y
1 Would you rather have: {{ C.EXAMPLE }} by paying $0.01 or Nothing
2 Would you rather have: {{ C.EXAMPLE }} by paying $0.02 or Nothing
3 Would you rather have: {{ C.EXAMPLE }} by paying $0.03 or Nothing
999 Would you rather have: {{ C.EXAMPLE }} by paying $9.99 or Nothing
1,000 Would you rather have: {{ C.EXAMPLE }} by paying $10.00 or Nothing

In each question, you can either pick Option X (Buy Product) or Option Y (Nothing). If this round where the product is {{ C.EXAMPLE }} were randomly chosen for payment, I would randomly select one question and pay you the option you chose on that one question. For example, suppose that Question #328 is randomly chosen. If you chose Option X, then your payment is {{ C.EXAMPLE }} and $6.72 (=${{ C.ENDOWMENT }}-3.28) as you buy the product. If you chose Option Y instead, then your payment is $10 as you keep the endowment. Each question is equally likely to be selected for payment. Obviously, you have no incentive to lie on any question, because if that question gets chosen for payment then you would end up with the option you like less.

I assume you are going to choose Option X in at least the first few questions, but at some point switch to choosing Option Y. So, to save time, just tell me at which price you would switch. I can then "fill out" your answers to all 1,000 questions based on your switch point (choosing Option X for all questions before your switch point, and Option Y for all questions at and after your switch point). I will still draw one question randomly for payment. Again, if you lie about your true switch point you might end up getting paid for an option that you like less.

{{ C.EXAMPLE }} is an example. You will see several different products in the main choice task. A picture and a name of a product will be presented together. Short quizzes will be provided before the main choice task. Please click the "Next" button below to continue.

{{ endblock }}