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

Instructions

You have {{ Constants.intro_timeout_minutes }} minutes to finish reading the instructions! If you are not to meet this deadline, the HIT will be automatically submitted, and you will not get paid.

You are invited to participate in an experiment. The experiment is part of a research conducted in the Industrial Engineering and Management Faculty of the Technion, Haifa.

{% if not num_condition%}

Pay attention: at the end of the experiment, you will be asked to answer one simple question to verify you indeed read the texts in the experiment. If you do not answer it correctly, we will reject your work, and you will not get paid.

{% endif %} {% if num_condition%}

Pay attention: at the end of the experiment, you will be asked to answer one simple question to verify you indeed paid attention to the details in the experiment. If you do not answer it correctly, we will reject your work, and you will not get paid.

{% endif %}

You have been randomly and anonymously paired with another participant. You were randomly selected to be the Decision Maker (a traveler), while your partner is the Expert (your travel agent).

The experiment consists of {{ Constants.num_rounds }} trials, played one after the other. All trials will be played with the same partner, and each of you will have the same role during the whole experiment.

In each trial, the {{ other_role }} will try to sell you a different hotel, and you will be asked to choose between the ‘Hotel’ (that provide a gain or a loss), and ‘stay at home’ (payoff 0 with certainty).

You will not have prior information about the hotel.

The {{ other_role }} will have some information and will send you a {% if num_condition %} numerical {% elif both_condition %} verbal estimation with its numerical {% else %} verbal {% endif %} estimation of the hotel’s quality.

The choice will be made by clicking on one of the buttons: ‘Hotel’ or ‘Stay at home’.

The {{ other_role }} will gain of 1 point if you choose Hotel, and 0 points otherwise.

Your payoff will be as following:

In the comment text box below, please type "sdkot" (without commas and quotes), so we can be sure you are reading this. If you fail to do so, you will be unable to complete this HIT. You have to be quick. You will have {{ Constants.seconds_wait_first_rounds_dm }} seconds to respond in the first {{ Constants.num_rounds_long_wait }} trials, and {{ Constants.seconds_wait_dm }} seconds for the subsequent trials. If you are not to meet these deadlines, one of the options will be chosen randomly. If the {{ other_role }} is too slow, you will receive a default evaluation.

Please be patient; the {{ other_role }}'s role requires more time. Therefore, there will be a gap between one trial to another.

Risks and benefits:

There is no risk. Your benefit is contributing to a research project.

Compensation:

You will get {{ participation_fee }} for your participation. At the end of the experiment, the accumulated points will set your probability to get a bonus of ${{ Constants.bonus }}.

Your goal is to maximize your earnings.

You will get {{ initial_points_dc }} points at the beginning of the experiment.

Voluntary participation and right to withdraw:

Participation in this study is voluntary, and you can stop at any time without any penalty. To finish, click on the “Return HIT” button or close your browser window.

Contact information:

If you have any concerns or questions about this research, you may contact: Reut Apel at reutapel@campus.technion.ac.il.

Have Fun!

{% formfield player.intro_test %}

Clicking accept

By clicking on the “I agree” button, you indicate that you voluntarily agree to participate in this experiment and that you understand the information in this form.

{% endblock %}