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You are now taking part in an economics experiment, financed by the UCSC LEEPS Lab. If you carefully read the following instructions, you can earn—depending on your decisions during the experiment—a considerable amount of money, which will, together with the show-up fee of ${{ Constants.participation_fee }}, be paid out to you in cash immediately after the experiment. It is very important to read these instructions very carefully.
The experiment is divided into {{ Constants.num_rounds }} periods. In each period you need to make a decision on the computer. After the {{ Constants.num_rounds }} decision-making periods, there will be a short survey.
During the experiment, communication between participants is strictly forbidden. If you have questions, please ask us.
Before the first decision making period, you will choose a single charity from a list of charities. You cannot change your charity after you have chosen it.
At the beginning of each period, you will be endowed with ${{ Constants.endowment }} of real money. Your task each period is to decide how to spend your endowment under different scenarios. The scenarios will include:
You can choose to donate any amount of your endowment to your chosen charity organization. The remaining non-donated amount will go into your personal account.
In making your decisions, make sure your donation does not exceed the initial endowment of ${{ Constants.endowment }}. After you’ve made decisions in all 6 periods, the experimenter will randomly choose one period to pay out your donation decisions and calculate the balance in your personal account. Your final payment will be your personal account balance plus the ${{ Constants.participation_fee }} show-up fee. If you chose to donate a non-zero amount, the charity will actually receive that amount.
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