{% extends "global/Page.html" %} {% block title %}Introduction{% endblock %} {% block content %}
In addition to school choice task, you will be asked to state your beliefs on being accepted at School A and at School B. To state your beliefs, for each school, you allocate 100 tokens between two events, you being accepted there, or rejected.
Your payoff is either E$110 or E$0. The probabilities of each are determined by your allocations of 100 tokens and the event that happens. Whether the event happens will be determined by choices made in the following round by the six people in your group. The probability of each lottery will be displayed on the screen based on your allocation, so you do not need to calculate it on your own when allocating tokens.
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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