Esmaeil is a farmer and he owns three farms; A, B, and C. Each farm can pottentially produce 10 kg of corn in best case scenario. Depending on the weather, raining and some other factors the product of each farm is an stochastic integer ( i.e : 1, 2,...10) and each outcome is equally likely. Farms are different in their product quality, Esmail can sell type A corn for 3$/kg, type B corn for 2$/kg and type C corn for 1$/kg. This experiment take place in 10 round, in each round you guess Esmaeil's income for the next year, and after your choice the real income will be shown on the screen. If the difference between your guess and the reall income was less than 10$, then you will receive 5$. otherwise your payoff is zero. Your finall pay off is the sum of your pay offs in all 10 rounds. By clicking the next button you confirms that the instruction is clear and you contest to participate in this study
But before giong trough the main experiment, lets take a short comprehension test, to make sure that you have understood your task. {{ next_button }} {{ endblock }}