{% extends "global/Page.html" %} {% load otree static %} {% block title %} Part 1 {% endblock %} {% block content %}
Now we would like to know how you rank the 5 reports from the most preferred one to the least preferred one. That is, we would like you to evaluate how much you think they can help you in the Assessment Task.
You will need to rank 5 report cards and 20 money cards. Each report card represents one of the 5 reports you may receive in the Assessment Task, respectively; each money card represents no report plus some certain amount of money from $0 to $5.
You will use an interface like the one below. The money cards have already been ranked, from high to low, according to the amount of money on them.
Click on the report cards to indicate your ranking of all these cards.
If you place the Report X card right above the money card No report + $M , it means you have to be compensated at least $M if we give you no report instead of giving you Report X.
The following is a shorter demonstration of how card ranking works.
Example:No report + $5.00 |
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No report + $4.00 |
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No report + $3.00 |
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No report + $2.00 |
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No report + $1.00 |
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No report + $0.00 |
Your prefered ranking:
No report + $5.00At the end of the experiment, if Part 1 is selected for payment, we will let you play the Assessment Task.
Before the task, the computer will randomly draw 2 cards from the whole deck of 25 cards you have already ranked. The one you ranked higher will be implemented in the Assessment Task. If you have ranked the two drawn cards that are placed at the same position, the computer will randomly pick one to implement, with each card equally likely to be picked.
The important thing to remember is that it's always in your best interest to rank the cards honestly. That is, for any 2 cards, Card A and Card B, if you prefer Card A to Card B, you should always place Card A above Card B.
You have to get all questions correct to proceed.
Question 1
For your best interest, you should:
Randomly rank the cards
Rank the cards following exactly your preference. That is, if you prefer Card A to Card B, you should always place Card A above Card B.