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<p>
    Dear Participant,<br><br>
    Thank you very much for taking part in this economic study. We are a group of researchers from INSEAD in France.
    We are conducting a study on decision-making that allows you to earn money.
    By participating, you contribute to research in this area.
    No special knowledge is required for participation.
    None of the questions that will be asked are designed to test you and there are no "right" and "wrong" answers.</p>
<p>

<p>
    The study is intended to take about 50-60 minutes. It will consist of 2 tasks with separate instructions and some survey questions in between the tasks.
    For your participation, you are guaranteed to earn €12, but depending on you choices and your luck you can earn up to €22.
</p> 
<p>
    Please note that all our tasks are designed so that your earnings depend on the choices you make.
    Therefore, it is important that you think carefully, since every choice can affect your earnings.
</p>
<p> <b>Important:</b>
    All your earnings will be paid in cash after the study.
    How much you will receive in total depends on the choices you make during the study.
    <b> One of the choices you made from the two tasks will be randomly chosen for your payment. </b>
    Note, however, that you are guaranteed to receive a total payment of at least €12.</p>

<p><b>Management of data and confidentiality </b> </p>

<p> The project will collect and record information about you and your choices.
    However, all information will be confidential and anonymous.
    All responses will be protected so that unauthorized persons will not be able to access them.
    This is ensured by an encrypted link between your personal data and the responses collected in the study. The results of the project will be presented in research reports and scientific articles.</p>

<p> <b>How do I get information about the project's results? </b> </p>

<p>
    Research reports can be ordered from the researcher (see below).
    It usually takes time (more than a year) before a full report is available.
    Aggregated information on other participants' choices can be obtained upon request.
</p>

<p>
<b>Participation </b>
</p>

<p>
    Your participation is voluntary and you can choose to withdraw the participation at any time.
    If you choose not to participate or want to withdraw your participation, you do not need to state why.
</p>

<p> <b>Responsible Researcher</b></p>
<div> Qiong XIA</div>
<div>INSEAD</div>
<p>
    <a href="mailto:qiong.xia@insead.edu">qiong.xia@insead.edu</a>
</p>

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