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In many ways, Stage 2 is like Stage 1.

  1. Investors will choose whether or not to invest their endowment in an investment opportunity.
  2. The five Investors in each group will again receive no information about the quality of the investment opportunity. Instead, they will receive a message from the Advisor, either “Invest” or “Keep”. All Investors will see the same message from their group’s Advisor before making their investment decisions.
  3. The conversion rate of ECU to dollars remains $1 per 25 ECU.

Please click "Continue"

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