{% extends "global/Page.html" %} {% load otree %} {% block title %} Welcome to the experiment! {% endblock %} {% block content %}

In this version, each round starts with $6.50 and the chosen amounts do not accumulate.

Stage 1
In Stage 1, you will have the option to take the fixed amount or enter the lottery, which will instead give you a new amount from the specified interval. The outcome of Stage 1 will then carry on to Stage 2.

Stage 2
In Stage 2, you will have the option to keep the outcome from Stage 1 or enter another lottery, which will instead give you a new amount. Your choice will determine the final payoff of the round and you will start a new round.

Important

The experiment consists of 15 rounds, but before that, you will have 3 practice rounds to familiarize yourself with the rules.


Please enter your SONA identification number. {% formfields %} {% endblock %}