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

Each round you will be assigned to a group, consisting of two Investors and two Experts. Your group is randomly determined each round so you will be interacting with different people over the course of the block and across blocks although you may encounter the same people multiple times.

  1. Each Investor picks an Expert for the round (except the first round when they are randomly assigned).
  2. Each round, Experts see photos of two jars, A and B, and estimate the value of the coins in each jar.
  3. Investors then pick an Expert and see that Expert’s estimates for both jars, but will not see the photos or the estimates of the Expert not picked.
  4. The Investor then picks a jar and learns the exact amount in the chosen jar. The Investor will also get a computer generated signal about the amount in the jar that was not selected. The signal is the actual amount in the jar that was not chosen plus a random number (between -${{session.vars.Noise}} and +${{session.vars.Noise}}).
  5. {% if session.vars.tx_arm != 'NoRep' %}
  6. The Investor then rates the chosen Expert
  7. At the start of every round after the first round, Investors will be able to see the ratings of the two Experts in the group.
  8. {% endif %}
{% next_button %} {% endblock %}