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    <p>
        <b style="font-size: 18px;">Purpose:</b> This experiment investigates individuals’ exit decisions.
        It consists of a pre-experiment survey, twelve exit decision-making games, and a post-experiment survey.
    </p>
    <p>
        <b style="font-size: 18px;">Task:</b> In the exit decision-making games, you will be imagining yourself as an entrepreneur and be asked to make exit decisions for your business.
        Your goal is to <b>maximize the total cumulative value of your business</b>, which will be explained in detail in the game instruction.
    </p>

    <p>
        <b style="font-size: 18px;">Compensation:</b> As compensation for participating in this experiment, you will receive a fixed fee of £5.
        Additionally, you will have a chance to win a performance-based bonus based on the total cumulative value earned throughout the games.
        When the experiment has concluded, 35 out of around 700 participants will be selected for the bonus.
        If you are among the selected participants, one of your games will be chosen at random.
        The calculation for the bonus payment depends on the total cumulative value you earned in that particular game.
        If your total cumulative value after deducting the exit cost is positive, you will receive a flat bonus payment of £20, along with an additional 20% of that value.
        If your total cumulative value after deducting the exit cost is negative, your bonus payment will be £20 minus 20% of that value.
        Your bonus payment will never be negative.
    </p>
    <p>
        During the experiment, it is not allowed to communicate with others.
        Feel free to use pen, scratch paper, and calculator.
    </p>

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<b> Before you start, please re-enter your Prolific ID below. </b>
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