{% extends "global/Page.html" %} {% load otree static %} {% block title %} Please Read the Instructions Closely and Answer the Questions Below. {% endblock %} {% block content %}
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Welcome to the experiment! Below you will find detailed information about the study and a short test to check whether you understood the general setup. It is therefore important that you read the instructions closely. Click the blue headings to collapse the subsections. There is no deception and no hidden information in this study. Please do not hesitate to call the experimenter if anything remains unclear to you. Note: Tick the checkboxes in the subsections below to show that you have read and understood the instructions. Otherwise, you will not be able to proceed. In this study, you will be assigned to one of two roles and you will remain in this role throughout the experiment. You will either be playing in the role of the "selector" or in the role of a "decider". In total, there is one selector and there are three deciders. This study consists of two parts. Below, we will explain the first part in detail. After you have completed the first part of the experiment, we will give you instructions about the second part. {% formfield player.understood12 %}At the end of the experiment, one round of part 1 will be selected randomly by the computer. Since you do not know which round will count for real, you should treat each round independently and as if every round is the one that counts. The points you earn in a round will be converted to money at a conversion rate of 100 points = 1 Euro. Hence, your decisions have real consequences for your earnings and, potentially, the earnings of other participants. You will start with 0 points and if your point total is below 650 points at the end of the experiment, you will still get paid 6.50 Euros. Therefore, you can earn a bonus if your point total is above 650 points. {% formfield player.understood13 %}The first part of the study consists of 15 rounds. Each round has three stages. Each decider will decide how to allocate 15 balls between two buckets on the computer screen. The deciders' task is to put each ball, one-by-one, into one of the two buckets: the blue bucket or the yellow bucket. For each ball the decider puts in the blue bucket he or she will receive 5 points and for each ball the decider puts in the yellow bucket he or she will receive 15 points. The rule is to put the balls in the blue bucket. The deciders' payments in this stage will be based on the sum of the points of the blue bucket and the yellow bucket. The selector will not take part in stage 1. {% formfield player.understood21 %} The selector will start by receiving 450 points. The selector will then learn about the decisions of all three deciders. Specifically, the selector will be told how many balls each decider placed in the blue bucket. The selector can then choose which decider to interact with for stage 3. The selector has to select at least one decider to interact with but can also choose to interact with two deciders in stage 3 - or even with all three. For every decider that the selector chooses, the selector has to pay a cost of 150 points. If a decider is not selected for stage 3, he or she will skip this stage, wait for the others to finish, and not earn be able to earn more. Importantly, the selector will not be able to identify the deciders across rounds, but only learn about their behavior in stage 1 (the bucket task). Specifically, the selector will be told how many balls each decider placed in the blue bucket. {% formfield player.understood22 %} If a decider is selected as interaction partner, he or she will receive 500 points. The decider is then asked how many points he or she wants to keep and how many points he or she wants to give to the selector. Hence, the decision of the decider determines the earnings of the decider as well as the earnings of the selector in this stage. After the decider has made his or her decision, the selector will learn about the outcome. {% formfield player.understood23 %} After stage 3, the round is over and you will receive a summary of this round.
Then, you move to the next round starting with stage 1. {% formfield player.understood24 %}   Please answer the following questions.
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