{% if player.treatment == "luck"%}
This experiment will last for one period. Each group member will perform
the same task. You will be presented with a set of letters
and your task will be to encode these letters by substituting them with numbers.
Your screen will display a table with two rows as in the example table below.
The task consists of converting letters into numbers during 60 seconds. The first row indicates letters and the second row indicates their
correspondence in numbers. You will be given two letters and you must enter the corresponding number for each letter
in each box on your screen. You must validate your answer by pressing the ‘Next’ button.
Once you have validated your answer, you are immediately informed whether your answer is correct or not.
If your answer is incorrect, you must enter new numbers until your answer is correct. A new set of letters appear
only after you have submitted the correct answer for both current letters.
As soon you have validated a correct answer, the conversion table of letters and numbers is modified and
a new set of letters to convert is displayed on your screen. You can convert as many letters as you like during
the one-minute period of time.
Example:
Suppose that the set of letters you are asked to encode are K and Y.
For letter K, the correct number you need to type in is 5.
For letter Y, the correct number you need to type in is 29.
Regardless of your performance in the task, each group member will be randomly allocated
some tokens which will be different.
Each group member will be randomly allocated either 10 or 30 tokens.
Your task is to decide how many of the tokens you have been allocated you want to contribute to a project
and how many of them to keep for yourself. The other member of your group has to make the same decision. Each
group member decides simultaneously, that is, without knowing what the other one has done.
Every token that you do not contribute to the project automatically belongs to you and earns you one point.
For the tokens contributed to the project the following happens: The total contributions to the project will be
calculated by adding up the individual contributions made by both group members. This total will then be multiplied
by 1.5 and this amount will be divided equally among both members of the group. Thus every group member receives
0.75 points for every token contributed to the project. Your bonus amount therefore consists of two parts:
(1) The tokens which you have kept for yourself (“Income from tokens kept”) whereby 1 token = 1 point.
(2) The “Income from the project”. This income is calculated as follows:
Your income from the project = 0.75 times the total contributions to the project made by both group members.
If you are allocated 10 tokens:
| Your bonus amount = Income from tokens kept + Income from the project = (10 – your contribution) + 0.75 × (Sum of contributions made by both members in the group) |
|---|
If you are allocated 30 tokens:
| Your bonus amount = Income from tokens kept + Income from the project = (30 – your contribution) + 0.75 × (Sum of contributions made by both members in the group) |
|---|
{% else %}
This experiment will last for one period. Each group member will perform
the same task. You will be presented with a set of letters
and your task will be to encode these letters by substituting them with numbers.
Your screen will display a table with two rows as in the example table below.
The task consists of converting letters into numbers during 60 seconds. The first row indicates letters and the second row indicates their
correspondence in numbers. You will be given two letters and you must enter the corresponding number for each letter
in each box on your screen. You must validate your answer by pressing the ‘Next’ button.
Once you have validated your answer, you are immediately informed whether your answer is correct or not.
If your answer is incorrect, you must enter new numbers until your answer is correct. A new set of letters appear
only after you have submitted the correct answer for both current letters.
As soon you have validated a correct answer, the conversion table of letters and numbers is modified and
a new set of letters to convert is displayed on your screen. You can convert as many letters as you like during
the one-minute period of time.
Example:
Suppose that the set of letters you are asked to encode are K and Y.
For letter K, the correct number you need to type in is 5.
For letter Y, the correct number you need to type in is 29.
Depending on your performance in the task, each group member will be allocated some tokens
which will be different.
If you have provided more correct answers than the other group member, you will be allocated 30 tokens.
If you have provided less correct answers than the other group member, you will be allocated 10 tokens.
If you provide the same number of correct answers as the other group member, the computer will randomly determine
who receives 10 or 30 tokens.
Your task is to decide how many of the tokens you have been allocated you want to contribute to a project and
how many of them to keep for yourself. The other member of your group has to make the same decision. Each group
member decides simultaneously, that is, without knowing what the other one has done.
Every token that you do not contribute to the project automatically belongs to you and earns you one point.
For the tokens contributed to the project the following happens: The total contributions to the project will be
calculated by adding up the individual contributions made by both group members. This total will then be multiplied
by 1.5 and this amount will be divided equally among both members of the group. Thus every group member receives
0.75 points for every token contributed to the project. Your bonus amount therefore consists of two parts:
(1) The tokens which you have kept for yourself (“Income from tokens kept”) whereby 1 token = 1 point.
(2) The “Income from the project”. This income is calculated as follows:
Your income from the project = 0.75 times the total contributions to the project made by both group members.
If you are allocated 10 tokens:
| Your bonus amount = Income from tokens kept + Income from the project = (10 – your contribution) + 0.75 × (Sum of contributions made by both members in the group) |
|---|
If you are allocated 30 tokens:
| Your bonus amount = Income from tokens kept + Income from the project = (30 – your contribution) + 0.75 × (Sum of contributions made by both members in the group) |
|---|
{% endif %} {% next_button %} {% endblock %}