This experiment consists of four parts. In the three first parts, you will be asked to make choices, in some cases involving lotteries.
All choices that you make in the first three parts are relevant for your bonus payoff.
The last part is a survey,
which is not relevant for your payoff. You will only be paid if you complete the full experiment. For this reason, please only start the experiment if you have at least 30 minutes to complete it.