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Part 1 : Instructions for Task 3


Your third task is to state how many coins you think that the other participants in this study on Prolific-US have correctly identified on average.

We ask you to answer carefully: the payment for this task depends on how precise your guess is.

               If your guess is correct, you will receive $ 4

               If your guess is between 1 and 2 coins greater than or smaller than the average performance of other respondents, you will receive $ 3

               If your guess is between 3 and 4 coins greater than or smaller than the average performance of other respondents, you will receive $ 2

               If your guess is 5 coins or more greater than or smaller than the average performance of other respondents, you will receive $ 0



Understanding question: If Task 3 is selected for your bonus payment, the difference between your performance and your guess is 3, you would receive a bonus payment of:

$4

$2

My guess in Task 3 is on the average performance of other respondents and my performance does not affect the payment if Task 3 is selected as the task-that-counts

   Answer is correct.

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