{% extends "global/Page.html" %} {% load staticfiles otree %} {% load i18n %} {# *** STYLES *** #} {% block styles %} {% endblock %} {# *** TITLE *** #} {% block title %} {% trans "Instructions part II" %} {% endblock %} {# *** CONTENT *** #} {% block content %}
{% blocktrans trimmed with n=num_choices %} In the next section of this experiment, you'll be given {{ n }} decisions listed on your screen (this is called a 'price list'). Each decision is a paired choice between "Option A" and "Option B". As you will see, the payoffs of the two options are constant for all decisions, but the chances of the high payoff for each option will be varying. {% endblocktrans %}
{% blocktrans trimmed with n=num_choices %} Once you have submitted all of your choices, only one of the {{ n }} decisions will be randomly chosen for your payoff for this section (remember that this is a two part experiment). For the option you chose, A or B, in this decision, it will be randomly determined (according to the corresponding probabilities) whether the low or high outcome will constitute your payoff. {% endblocktrans %}
{% blocktrans trimmed with n=num_choices %} Quick summary: You will be asked to make {{ n }} choices; for each of these choices you will have to choose between "Option A" and "Option B". When you are done, only one of the {{ n }} decisions will be randomly picked for your payoff. Then a random number will be drawn to determine your earnings for the option you chose in that decision. Eventually, the payoff will be paired with you payoff from the binary choices and one will be ultimately chosen at random to be your final payoff for the entire experient (then we will add to that your endowment!) {% endblocktrans %}