{% extends "global/Page.html" %} {% load otree %} {% block title %} Stage three {% endblock %} {% block content %}

In this stage, you need to make 10 rounds of repeated decisions.

Please note that the final profit of this experiment depends on the ECs you have accumulated in 10 rounds.

The total payoff you earn is the sum of your earnings from each of the two accounts:

1) ECs earned from your Individual account = amount of ECs you invest in the Individual account. (I)

2) ECs earned from the Group account = 0.5× the total invested ECs of all 4 Group members to this account. (TG)

So your earnings at the end of each round = I + 0.5×TG

Once each group member finishes her decision, the total invest amount in the Group account, and your final earnings for this round will be revealed.

If you have finished reading, please click on the "next" button, and we will start the first round of decisions.

{% endblock %}