In Part II, we will ask you to make 20 about investing money jointly with others.
In each of the 15 decisions, you will either play as Player P1 or Player P2.
The investment decisions in Part II will be in a currency called “Token” or TK for short.
To determine your final payoffs, we will convert each token to KSH 10.
In other words, the exchange rate is TK 1 = KSH 10.
For each decision in Part II, you will be faced with a unique situation where you will have 100
Tokens from an investor to support your business. Each decision you will be asked to make will be slightly
different from any of the other 14 decisions.
The decisions you make will determine your final payoff.
At the end of all the three parts of this study, to determine your payment from Part II,
we will randomly select one of the 15 decisions you made either as P1 or P2. Note that each
of these decisions has an equal chance of being selected. So, make every decision carefully.