{% extends "global/Page.html" %} {% load otree %} {% block title %} Part 4 {% endblock %} {% block content %} {% if player.treatment == "A" or player.treatment == "B" %}

Imagine that your car is having some trouble, and requires a $1,500 service. Unfortunately, your auto insurance will cover only 10% of this cost. You now need to decide the following: (1) Pay the full amount in cash. Would this require liquidating savings? How would you go about it? (2) Take out a loan, which you can pay back in monthly installments. A typical such loan may require monthly payments of roughly $150 a month for 12 months, which would amount to about $1800 total. (3) Take a chance, forego the service, and hope that the car lasts for a while longer. Of course, this leaves open the possibility of breakdown, or even greater expenses in the long run. How would you go about making this decision? Would it be an easy or a difficult decision for you to make?

{% elif player.treatment == "C" or player.treatment == "D" %}

Imagine that your car is having some trouble, and requires a $150 service. Unfortunately, your auto insurance will cover only 10% of this cost. You now need to decide the following: (1) Pay the full amount in cash. Would this require liquidating savings? How would you go about it? (2) Take out a loan, which you can pay back in monthly installments. A typical such loan may require monthly payments of roughly $15 a month for 12 months, which would amount to about $180 total. (3) Take a chance, forego the service, and hope that the car lasts for a while longer. Of course, this leaves open the possibility of breakdown, or even greater expenses in the long run. How would you go about making this decision? Would it be an easy or a difficult decision for you to make?

{% endif %} {% formfield player.t1_stage4 label="Please write your answer in the following field:" %} {% next_button %} {{ form.errors }} {% endblock %}