Silence will be observed during the experiment. Please turn off your cell phone.
If you have any questions, please raise your hand and the instructor will advise you personally.
Each participant receives a participation reward of 5 euros. In addition to this, you can earn more money from the experiment.
The computer randomly divides the participants into participant role A (sender) and role B (receiver). Everyone has an equal chance of becoming a drawn role A or B. One receiver will be drawn for each sender. The task of the sender is to divide test currency between himself (role A) and the receiver (role B). Receiver can send currency back to sender. Each participant (A and B) will have the same test currency endowment {{ C.ENDOWMENT}} in the beginning of the experiment.
In the test, you get to know your own role, but not which of the other participants are the receivers and which are the senders. All selections are made anonymously via computer.
More detailed instructions will appear on the computer screen when the test starts.
After completing the entire test, wait in your seat until you are asked to receive the reward. Rewards are paid in cash and privately immediately after the test.
Do you have any questions at this point?
If not, let's start the test with an introductory round so you can familiarize yourself with the procedure.