{% load otree %}
Now, we will provide some examples to make sure that it is clear to everyone how payoffs are determined.
Some examples of sent amounts, returns, and payoffs are illustrated in the table below. The first column lists various amounts of sends; the second column lists various amounts of returns from the leader; the third and fourth columns contain the corresponding personal earnings for employee and leader:
The amount sent by each of the group members will be informed to the leader. Given the received amount, the leader will choose how many EC to send back to each of the group members. The leader(she/he) can choose to send any number of EC that is included between 0 and 3 times the amount initially sent by each of the group members.
The amount sent back to each of the three members by the leader will be revealed to the member at the end of the experiment.
The sent amount of each employee(to the leader) | Return to each employee(from the leader) | Payoff of each of employee | Payoff of leader |
---|---|---|---|
Example 1 | |||
0 ECs | 0 ECs | 10-0+0= 10ECs | 10+3*(0+3+3)-(0+5+2)=21ECs |
3 ECs | 5 ECs | 10-3+5= 12ECs | |
3 ECs | 2 ECs | 10-3+2= 9ECs | |
Example 2 | |||
6 ECs | 10 ECs | 10-6+10= 14ECs | 10+3*(6+6+10)-(10+4+15)=47 ECs |
6 ECs | 4 ECs | 10-6+4= 8ECs | |
10 ECs | 15 ECs | 10-10+15=15ECs |