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How the snow plow scenario works
- You are the manager of a snow removal company serving area businesses
- Each round, you start with 100 tokens
- You decide how many tokens to spend on pre-emptively calling in snow plow contractors (from 0 to 100).
How the weather and your decision affects outcomes
If heavy snow happens:
- Due to your contracts with area businesses, you get back DOUBLE what you spent on snow plow contractors. (example: if 100 spent, 200 earned)
- And you keep tokens you didn't spend.
- The maximum tokens possible for the round is 200.
If heavy snow does NOT happen:
- You LOSE what you spent on calling in snow plow contractors because you have to pay them but the area businesses will not compensate you. (example: if 100 spent, 100 lost)
- And you keep tokens you didn't spend.
- The maximum tokens possible for the round is 100.
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How the construction site scenario works:
- You are a construction site superintendent.
- Each round, you start with 200 tokens
- Each round, you decide how many tokens to spend on the labor of laying out sandbags and setting up water pumps throughout the site as preparation for heavy rain.
If heavy rain happens:
- You receive the half the amount you spent on protecting the site back in savings from reduced delays. (example: if 200 spent, 100 earned)
- You LOSE any tokens you didn't spend on preparation, due to costly delays and water removal. (example: if 200 held, 200 lost)
- The maximum tokens possible for the round is 100.
If heavy rain does NOT happen:
- You DO NOT get money back from any you have spent protecting the site. (example: if 200 spent, 200 loss)
- But you keep tokens you didn't spend. (example: if 200 held, 200 at round end)
- The maximum tokens possible for the round is 200.
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Key Points
- Each round is independent
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- Fresh 100 tokens each round
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- Fresh 200 tokens each round
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- 3 practice rounds (don't count)
- 30 real rounds
- 3 randomly selected for payment