Instructions

This experiment consists of 10 periods. In each period, you will be randomly matched with another participant in the room. The decisions that you and the other participant make will determine the amount earned by each of you. At the beginning of each period, you will choose a number or "claim" between 80 and 200 cents. Your claim amount may be any amount between and including 80 and 200 cents.
The other player will also make a claim between, and including, 80 and 200 cents. If the claims are equal, then you and the other person each receive the amount claimed. If the claims are not equal, then each of you will receive the lower of the two claims. In addition, the person who makes the lower claim earns a reward of 10 cents, and the person with the higher claim pays a penalty of 10 cents.
Example: suppose that your claim is X and the other player's claim is Y.

• If X = Y, then you get X and the other player gets Y.
• If X > Y, then you both get Y but, in addition, you pay a penalty of 10 cents and the other player earns a reward of 10 cents.
• If X < Y, then you both get X but now you earn the 10 cent reward and the other player pays the 10 cent penalty.