{% extends "global/Page.html" %} {% block title %}Instructions{% endblock %} {% block content %}
Good day! Today you are participating in an experiment that looks into physician decision making under strategic environments. Your task in this experiment is to prescribe a treatment level ("TL") to a hypothetical patient. The benefits that the patient will get per round as well as your payoff per round will be determined based on the table below (second and third columns).
For example, if you prescribe a TL of 8, the patient receives benefits of 100 and you will get a payoff of 96. Note that for any TL above 5, the patient does not get any extra benefit, so you are considered "overprescribing" treatments. The computer is programmed in such a way that if you overprescribe, there is a 30% chance that you will be penalized by an amount equal to 2 x (corresponding profit - 75). The fourth column in the table below presents your payoff if you get caught overprescribing.
There will be a total of 5 experimental rounds. Note that the applicable conversion rate for this experiment is 100 experimental dollars = 1 US dollar.
Treatment Level | Equivalent Patient Benefit | Payment You Get Without Penalty(Experimental Dollars) | Payment You Get With Penalty (Experimental Dollars) |
---|---|---|---|
0 | 50 | 0 | - |
1 | 60 | 19 | - |
2 | 70 | 36 | - |
3 | 80 | 51 | - |
4 | 90 | 64 | - |
5 | 100 | 75 | - |
6 | 100 | 84 | 66 |
7 | 100 | 91 | 59 |
8 | 100 | 96 | 54 |
9 | 100 | 99 | 51 |
10 | 100 | 100 | 50 |
You are not allowed to talk to other participants. Once you have made your decision, the computer will ask you to confirm your prescribed treatment level in each round of the experiment. You cannot change your decision once you click “confirm”.
At the end of each round, a summary of your accumulated earnings and patient benefits will be flashed on the screen. The total experimental dollars you earn at the end of the game will be converted using the exchange rate above (100 experimental dollars = 1 US dollar) and will be handed out to you in an envelope as you leave the room. The total patient benefits will be converted to US dollars as well (using the same conversion rate) and will be donated to an organization that cares for actual patients.
If you have no more questions, we will begin with 3 practice rounds, then proceed to the actual experiment.
{% next_button %} {% endblock %}