You will make {{C.half_NUM_ROUNDS}} choices in the following, and these could give you additional earnings.
At the end of the experiment, for one out of {{C.one_out_of_x_players_paid}} players one of these {{C.half_NUM_ROUNDS}} choices is randomly picked and the respective earnings are paid out.
Notably, in each of the rounds your payoff will not only depend on your own choice, but also on the choice of {{C.OTHER_PLAYERS_PER_GROUP}} other participants.
Precisely, you have a budget of {{ C.BUDGET }} {{C.currency_name}} and you can decide what share to keep and what share you invest into a public project.
There are also {{C.OTHER_PLAYERS_PER_GROUP}} other players that can invest into this project.
The smallest amount invested into the project by any of the players will define the investment amount for all players.
Everything that is invested into the project is doubled and then evenly distributed among all {{C.PLAYERS_PER_GROUP}} players.
For instance, if one player is willing to invest 4 {{C.currency_name}}, one is willing to invest 6 {{C.currency_name}} and one is willing to invest 10 {{C.currency_name}}, then each player will invest 4 {{C.currency_name}} into the public project, and as these are doubled each player receives 8 {{C.currency_name}} from the public project.
The overall earning, if this choice is paid out, is then (10-4)+8=14 {{C.currency_name}} for each player.
You should make every decision as if it is the one that counts - because it may be!
{{endif}}
{{if treatment == "ICG_then_CCG"}}
Welcome to part two of the experiment.
Again, you will make {{C.one_quarter_NUM_ROUNDS}} choices and in each of the rounds your payoff will not only depend on your own choice, but also on the choice of {{C.OTHER_PLAYERS_PER_GROUP}} other participants.
You can decide what share of your budget of {{ C.BUDGET }} {{C.currency_name}} you want to invest into a public project again.
There are also {{C.OTHER_PLAYERS_PER_GROUP}} other players that can invest into this project.
In this part of the experiment, the smallest amount invested into the project by any of the players will define the investment amount for all players.
Everything that is invested into the project is doubled and then evenly distributed among all {{C.PLAYERS_PER_GROUP}} players.
For instance, if one player is willing to invest 4 {{C.currency_name}}, one is willing to invest 6 {{C.currency_name}} and one is willing to invest 10 {{C.currency_name}}, then each player will invest 4 {{C.currency_name}} into the public project, and as these are doubled each player receives 8 {{C.currency_name}} from the public project.
The overall earning, if this choice is paid out, is then (10-4)+8=14 {{C.currency_name}} for each player.