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<p>This is an experiment about decision making. You will be paid for participating, and the amount you earn depends on the decisions that you and the other participants make. At the end of the session, you will be paid for your decisions.</p> 
<p> Payment will be based on a <strong>randomly selected</strong> round among all the ones you are going to play. Do not underestimate any choices you have to take during the experiment.</p>
<p><strong>Privacy and Anonymity </strong></p>
<p>You will never be asked to reveal your identity to anyone during the course of the experiment. Your name will never be associated with any of your decisions. In order to keep your decisions private, please do not reveal your choices to any other participant.</p>
<p><strong>This Experiment</strong></p>
<p>In this experiment you will be asked to make a series of decisions about how to allocate a set of points. You and the other subjects will be randomly assigned into groups and you will not be told each others’ identities.</p>
<p> There will be <strong> three </strong> people in your group – you and two others. </p> 
<p>In each period you will have <strong>seven (7) points to allocate</strong>. You can  allocate these points in either a <strong>WHITE investment</strong> or a <strong>RED investment</strong>. </p> <p> <strong>The amount of Points you earn depends upon how many points you decide to invest in the WHITE investment or the RED investment, as well as how many points others decide to invest in the WHITE investment or the RED investment</strong>. 
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<p>In each decision you make, points allocated in the WHITE investment and in the RED investment will pay an amount that depends on the number of points invested in the two investments by you and the other members of group. The cost depends on how many choose the WHITE investment or the RED investment.</p><p>
WHITE investment pays a lower amount and the cost due to the group choice is smaller, instead RED investment pays a higher amount but the cost caused by the group's choice is higher. </p>
<p><strong>To summarise:</strong></p>
<p>
    •	In each period, you will have seven (7) points.</p> <p>
•	Your task, in each period, is to decide how many of your points to allocate in the WHITE investment and how many to allocate in the RED investment.</p><p>
•	In each period, you will earn depending on how many points you allocate in WHITE investment and in the RED investment</p><p>
•	WHITE investment pays a lower amount but it has a lower group cost, RED investment pays a higher amount but it has a higher group cost.</p>

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<p> To start, write down here your matricola (serial number) at UNIBO or the same serial number (or code) you inserted in the questionnaire</p>

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