Part 3 is the last part of the experiment. After Part 3, you will be asked to complete a short survey.
Part 3 gives you a chance to learn about the performance of other participants in Part 1.
You will be asked to indicate which interval you would like to receive information about.
You will be asked to state how much you are willing to pay for this information, which reflects the value of the information to you.
If the price randomly drawn by the computer is lower than the value of the information to you,
then you will receive the information and pay the randomly drawn price.
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Part 4 has the same task as Part 1.
Before you participate in the task again, Part 3 gives you a chance to learn about the performance of other participants in Part 1.
You will be asked to indicate which interval you would like to receive information about.
You will be asked to state how much you are willing to pay for this information, which reflects the value of the information to you.
If the price randomly drawn by the computer is lower than the value of the information to you,
then you will receive the information and pay the randomly drawn price.