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<p>
      <b><u>Experiment</u></b>
</p>

<p>
      <b>Duration </b>
</p>

<p>
      The experiment is divided into periods. In each period you face the same decision-making
  situation. The experiment consists of <b>20 periods</b>.
</p>
<br>
<br>
<p>
      <b> Roles  </b>
</p>

<p>
    Every participant is assigned a role, A or B or C. In the following we refer to participants
  as <b>A-participant, B-participant</b> and <b>C-participant</b>. The roles are randomly <b>assigned before</b> the
  first period and will not change during the experiment. All participants have an equal chance in being
    assigned role A, B or C. Before the first period, every participant is informed about her/his role.
</p>
<br>
<br>
<p>
      <b> Groups   </b>
</p>

<p>
  Prior to the first period, all participants are divided randomly into <b>independent groups</b> of six
  participants. Each group consists of <b><u>four</u> A-participants</b> (in the following A1 to A4), <b><u>one</u> B-participant</b>
  (in the following B) and <b><u>one</u> C-participant</b> (in the following C).
</p>

<p>
  <b>Groups remain the same throughout the experiment, meaning that you solely interact with members of
    your group. Decisions made by members of other groups will not affect your group.</b>
</p>

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