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In this part of the experiment you will participate in at most {{ no_rounds }} independent decision-making problems.
In this part you will not be rewarded for every round. Rather, in each round your task will generate a hypothetical payoff. At the end of the experiment the computer will randomly select one round from Part B with equal probability. Your actual earnings from Part B will be equal to the hypothetical payoff obtained in the round randomly selected by the computer.
Part B consists of two sections.
This section consists of {{ C.NUM_ROUNDS_PART_B }} rounds. In each round you will be asked to allocate points between two accounts: BLUE and RED, subject to a budget constraint. Once you make a choice, the computer will randomly pick one account (BLUE or RED) with equal probability. The payoff in that round will be given by the number of points you allocated to the account selected by the computer.
This section will consist of at most {{ C.NUM_ROUNDS_PART_C }} rounds. In each round you will be presented with two allocations between the BLUE and RED accounts that you selected in different rounds of Section B1. You will be asked to state your preference (or indifference) between the two allocations. Once your decision is made, the computer will randomly pick one account (BLUE or RED) with equal probability. Your payoff will be determined by the number of points you allocated to the selected account in the preferable option. In case of indifference, the computer will first randomly draw one of the options with equal probability and then the account.
The number of rounds in Section B2 will vary across individuals. Not everyone will participate in Section B2.
Press 'Next' to proceed to instructions to Section B1.
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