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The Toulouse School of Economics (1 Esplanade de l’Université, 31080 Toulouse, Cedex 06 France) carries out today an academic laboratory experiment. The procedures of the experiment will be explained to you before the start of the experiment.

During the experiment you will be asked to fulfil some tasks and the answers will be recorded in our computer system. The information recorded during the experiment will not allow any conclusion about the participation or behaviour of individual persons. Consequently, the analysis of the data and the presentation of the results of this experiment will take place exclusively in anonymous form. The anonymous research data will be archived and might be made available for other researchers for research purposes.

There will be no matching between the data generated during the experiment and data in the recruitment system. The receipts filled out during payment will always be stored separately.

Your participation today is completely voluntary. By participating in this study, you will earn at least 5 euros. On top of that, you may earn an additional amount depending on your own choices and the choices of other participants. The total expected earnings are around 15 Euros. Your earnings will be paid to you in cash at the end of the experiment.

If you do not participate, there will be no disadvantages for you. However, note that in this case, you will not receive any payment. You can at any time cancel your participation in the experiment.

If you have any remarks regarding this research, you can contact moritz.loewenfeld@tse-fr.eu.

You can find a copy of this information at the experimental laboratory.

By clicking "Next" you consent to the above. Without consent, you cannot participate in the experiment today. Please tell the laboratory manager in this case. The consent can be revoked at any time during the experiment. Thank you.

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