Instructions

This experiment consists of ten consecutive decision rounds. Your total earnings will be the sum of your earnings from all these rounds.

You are a member of a group of {{ session.config.players_per_group }} participants. At the beginning of each round, each member receives an endowment of {{ Constants.endowment }} tokens. Your task is to decide how many tokens you would like to allocate to a Group Project (GP) and how many to keep for yourself in an Individual Project (IP). Each token not allocated to the Group Project will automatically be allocated to your Individual Project (IP). Your total earnings from the round include earnings from both your Individual Project and the Group Project. All participants in your group will simultaneously face the same decision situation.

You will earn one (1) token for each token allocated to your Individual Project. No other member in your group will earn tokens from your Individual Project.

For each token you allocate to the Group Project, you will earn 0.5 tokens. Each of the other four people in your group will also earn 0.5 tokens. Thus, the allocation of 1 token to the Group Project yields a total of 2.5 tokens for all of you together. Your earnings from the Group Project are based on the total number of tokens allocated by all members in your group. Each member will profit equally from the amount allocated to the Group Project. For each token allocated to the Group Project, each group member will earn 0.5 tokens regardless of who made the allocation. This means that you will earn from your own allocation as well as from the allocations of others.

Your earnings in the round = tokens from your Individual Project + (0.5 * tokens from the Group Project)

After all individuals have made their decisions in the round, you will be informed of the total allocation to the Group Project and your earnings from the round. Individuals in your group will not be identified in any way. Thus, information about individual allocations will be completely anonymous.