{% extends "global/Page.html" %} {% block title %}Introduction{% endblock %} {% block content %}
In addition to selecting a school, you will also be asked to express your beliefs regarding acceptance to School A and School B. To convey your beliefs, you will distribute 100 tokens between two events for each school: your acceptance and rejection.
Your potential payoff can either be E$110 or E$0. The probabilities of these outcomes are determined by how you allocate your 100 tokens between these events. The actual outcomes will depend on choices made by the six people in your group in the subsequent round. The likelihood of each outcome will be displayed on the screen based on your token allocation, eliminating the need for manual calculations.
Here is an example of what the computer display will look like. This is interactive example, so you can actually play with the slider.
Do you think you would get a seat in school A if you applied to it?
Click on the slider bar then drag to assess.
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