You'll be in groups of 10 and play 10 rounds. You'll be randomly matched with someone each round. Each round has 100 objects. You'll bargain to split them. You have an outside option randomly chosen between 0 and 100.
You'll make offers. An offer shows how many objects you offer to the opponent. Opponent’s offer shows how many objects are offered to you.
You can accept or reject active offers. If accepted, the objects are distributed.
Bargaining ends an offer is accepted, time runs out, or one of the players decides to end it.
Earnings are calculated based on the number of objects you agree on.
Earnings = Number of objects
One round will be randomly selected for payment at the end. Each ECU earned equals 0.05 pounds.