Guess again how well you performed:
Right now, we would like again to know what you think is the likelihood that you performed better than five other participants in your group of ten.
Again, you can earn a bonus payment for guessing your rank correctly. Out of all guesses you make in our study the computer will randomly choose one to be payoff relevant for you at the end of this study. For this randomly chosen guess, you can earn {{ Constants.extra_payoff}}€ and this payment comes on top of your reimbursement of {{ Constants.base_payment}}€ for participation in all parts of the experiment. The chance that you win the {{ Constants.extra_payoff}}€ is the largest, if you simply state your true expectation.
Right now, we would like again to know more about your own expectations about the rank you achieved, and you can earn a bonus payment for guessing your rank correctly.
You can click on the button below if you want to learn more about the payment rule.
We will always ask you how likely you think a particular state is. Now, we ask how likely you think it is (in percent) that you ranked in the top half of your group. Thus, when you make a guess, you can pick any number between 0 and 100 and the number you select indicates the chance (out of 100) you assign to the state we ask for (that you ranked in the top half).
For your payoff-relevant guess, the computer will then randomly draw two numbers between 0 and 100 (including 0, 100 and decimal numbers) and all numbers are equally likely to be selected. The two random numbers are drawn independently. That is, irrespective of the first number drawn, the second number is again randomly chosen from the interval of 0 to 100 such that the outcome of the first draw in no way affects the outcome of the second number drawn.
You will receive the {{ Constants.extra_payoff }}€ bonus if ...
To maximize the probability of winning, you simply need to state your true expectation.
On the next page you can enter your guess.