{{ block title }} Instructions {{ endblock }} {{ block content }}

You are endowed with an asset worth 1,000 points. {{if player.time_pressure == 1}} The experiment will last for 2 periods. Each period is divided into 4 quarters. You will hold the asset for at least 4 quarters. {{else}} The experiment will last for 2 periods. Each period is divided into 4 quarters. You will hold the asset for at least one year. {{endif}} After that you will make decisions which can impact your bonus payment.

{{if player.time_pressure == 1}}In each quarter, {{else}} In each quarter, {{endif}} the value of the asset goes up by 100 points if a blue ball is drawn from a virtual urn with 4 balls or goes down by 100 points if a red ball is drawn from a virtual urn with 4 balls.

The asset can be either good or bad. The computer will choose whether the asset is good or bad. If the asset is good, it is good in {{if player.time_pressure == 1}}all quarters. {{else}}both years. {{endif}} If the asset is bad, it is bad in {{if player.time_pressure == 1}}all quarters. {{else}}both years. {{endif}}



Before continuing with the instructions, you will be asked to answer 4 comprehension questions.

{{ next_button }} {{ endblock }}