In this part we scale up the group to 6 and we play a few more rounds; there will be a predetermined number of periods (at least 18) that is not disclosed at this point.
At the end of the session the computer will randomly select one of the periods that you will play. The points that you have earned in that selected period will be your payment for part 3. Each point is worth 2.5 cents.
The possible earnings change as shown in the tables below. The table below shows the possible earnings (minimum and maximum) if at least three players voted YES.
| N of trades | Possible earnings if at least three players voted YES | |||||
|---|---|---|---|---|---|---|
| Completed | Foregone | From foregone trades | From completed trades | Total earnings if you are blue | Total bonus created if you are red | Total earnings if you are red |
| 0 | 5 | 150 | 0 | 150 | 0 | 150 |
| 1 | 4 | 120 | 29 | 149 | 50 | 199 |
| 2 | 3 | 90 | 58 | 148 | 100 | 248 |
| 3 | 2 | 60 | 87 | 147 | 150 | 297 |
| 4 | 1 | 30 | 116 | 146 | 200 | 343 |
| 5 | 0 | 0 | 145 | 145 | 250 | 395 |
If, instead, the majority (4 or more players) voted NO, earnings for each player are as in the column “Total earnings if you are blue”.
In addition, the computer randomly selects one of the participants who voted “NO.” This person will receive the reduced bonus reported in the Table below.
| Trades completed by red player |
Reduced Bonus |
|---|---|
| 0 | 0 |
| 1 | 25 |
| 2 | 50 |
| 3 | 75 |
| 4 | 100 |
| 5 | 125 |