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Part 2: Instructions


You will play the task asking to recognize the value and the country of Euro coin one more time: again, you will receive $0.30 per coin you identify correctly.

Before starting the coin recognition task, you have the possibility to purchase some news related to it.

We will give you 12 different news with different levels of usefulness to help you performing the coin task. The price of each news is $0.10 and you can buy none/some/all news available using the $1.2 initial endowment. Therefore £3 of show-up fee are always granted.


News are placed in green boxes in a random order. First you will decide how many news you want to buy, and then you will choose which news you want to read by clicking on the corresponding box.

You can decide to pass on some information to participants who will take part to the study in the next sessions.

  1. You are allowed to highlight the utility of the news by selecting the stars you want to attach to the news where 1 star means NO UTILITY AT ALL and 5 stars mean MAXIMUM UTILITY. Deciding not to assign any star would mean that you do not want to signal the information, not that it has zero utility.

  2. Also, you can edit the news by leaving a comment that participants in the next sessions will be able to read.

Participants in the next sessions will see the same news, each with the stars that have been possibly given and the comments, if any. Adding stars and comments is free and it is completely up to you.

Once you are done with the reading, selecting stars, and commenting the news, you can move on to the coin recognition task.


Understanding question: If I buy all the news, will I end up with a positive show up-fee?

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Answer is correct

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Understanding question: How can I signal the utility of the news to other participants?

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Answer is correct

{{ endif }}

Please, prese the arrow to go ahead with the study.

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