Game 2 has 5 rounds too. Consider yourself and the other 2 participants work in a group at a firm. You can think of a round of this game as being a workweek.
In each week, you and your group members can each choose to spend up to 70 hours on an activity at work. The payoff that each group member receives in a round depends on the number of hours she/he chooses to spend on the activity and the number of hours the two other group members choose to spend. The formula below determines your round payoff, which is the minimum hours of all the group members minus 0.75 times your hours plus 85 ECUs. The payoff table is provided for you below, so you do not need to memorize this formula. This payoff table will be available at any point where you need to make a decision. Your round payoffs are calculated as follows:
Your Round Payoff (ECUs) = Minimum Hours of Your Group - 0.75*Your Hours + 85 ECUs (Please note that ECUs are rounded up to the nearest integer)
For example, if you spend 70 hours on the activity, and the other two group members spend 70 hours and 60 hours respectively: then your round payoff will be 60 – 0.75*70 +85 ECUs making 93 ECUs (highlighted in blue in the table below). Your round payoff will be determined by tracing row 70 for 'your hours' and column 60 for 'group minimum hours' in the payoff table. The payoff of the group member who spent 70 will be identical. However, the payoff of the group member who spent 60 will be 60 - 0.75*60 + 85 ECUs making 100 ECUs (highlighted in green in the table below).
Now please click ‘Next’, and you will be redirected to a page with questions to check your comprehension of the instructions.
| Group Minimum Hours | |||||||||
| Your Hours | 70 | 60 | 50 | 40 | 30 | 20 | 10 | ||
| 70 | 103 | 93 | 83 | 73 | 63 | 53 | 43 | ||
| 60 | 100 | 90 | 80 | 70 | 60 | 50 | |||
| 50 | 98 | 88 | 78 | 68 | 58 | ||||
| 40 | 95 | 85 | 75 | 65 | |||||
| 30 | 93 | 83 | 73 | ||||||
| 20 | 90 | 80 | |||||||
| 10 | 88 | ||||||||
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