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Welcome to this experiment and thank you for participating in the experiment. Please do not talk to other participants during the experiment.
This experiment consists of two parts: (1) Practice; (2) Formal Part. In Practice Part, participants have three rounds of practising playing real effort task. Then, in Formal Part, all participants will be assigned to groups of three and play a 10-round real effort task. One experimental currency point is exchanged with 0.3 €. The final payoff is the sum of profits in both experiments plus a show-up fee (3.0 €). At the end of the experiment, one of profits in Practice Part is randomly selected as the payment for this part. Similarly, the computer randomly selects one round profit from Formal Part as the payment for this part. The final payment of each participant is as follows:
Final payment = Show-up fee + 10% × Practice Part + 90% × Formal Part |
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The purpose of the experiment is to study decision making. You have the opportunity to earn money by participating. Please follow these instructions carefully:
If you agree to participate, please click next. On the next page, the instructions for Section I follow and you can make your decision.
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