• This Experiment consists of three parts.
• Your payoff in each part is independent of the other parts.
• There are 10 players, 5 are playing as Person X and 5 are playing as Person Y, each Person X plays with Person Y.
• You will be informed before each part which role you are playing.
• You will be playing with the same player for the three parts of the experiment.
• The payoff unit that is used in the experiment is R.
• At the end of the experiment your payoff for each part will be displayed.
• You will be paid according to one part only that will be randomly chosen by the software.
• Each R in the chosen paid part of the experiment represents 0.5 EUR, and will be paid to you in addition to the 15 EUR show-up payment.