{% extends "global/Base.html" %} {% load staticfiles otree_tags %} {% block title %} Task Instructions - Resource Allocation Task: {% endblock %} {% block content %}
{% if condition < 5 %} For this task, you will be paired with the same Manager {% if type == 1 %}B{% else %}A{% endif %} {% if condition > 2 %}and Company Owner {% endif %}with whom you most recently completed the cost reporting task. You will not need to communicate with them or “wait” for them. {% else %} For this task, you will be paired with the same Manager {% if type == 1 %}B{% else %}A{% endif %} and Company Owner with whom you completed all periods of the cost reporting task. You will not need to communicate with them or “wait” for them. {% endif %}
You will now complete your second task. In this task, you will be provided with 50 tokens, and will make a decision as to how many of those tokens to allocate to three different projects within your company:
| Project 1: A project that returns $0.04 to you for each token allocated. | ||
| Project 2: A project that returns $0.03 to you, and $0.03 to Manager {% if type == 1 %}B{% else %}A{% endif %}, for each token allocated. | ||
| {% if condition > 2 %} | Project 3: A project that returns $0.02 to you, $0.02 to Manager {% if type == 1 %}B{% else %}A{% endif %}, and $0.02 to the Company Owner, for each token allocated. | {% else %}Project 3: A project that returns any token allocated to the Company, and so returns $0.00 to you and $0.00 to Manager {% if type == 1 %}B{% else %}A{% endif %}. | {% endif %}
Given the return to the Company (Owner) and synergistic benefits to the Company, the Company prefers that you allocate tokens to Projects 3 and 2. However, you can allocate your tokens in any way that you would like. While the other {% if condition < 3 %}participant{% else %}participants{% endif %} in your company acting in the {% if condition < 3 %}role{% else %}roles{% endif %} {% if condition < 3 %}(Manager {% if type == 1 %}B){% else %}A){% endif %}{% else %}(Manager {% if type == 1 %}B){% else %}A){% endif %}, Company Owner){% endif %} described to you earlier will be making similar decisions, all decisions made by individual participants will be kept private.
To illustrate, consider the following two brief compensation examples:
1. A participant allocates 50 tokens to Project 1, and 0 tokens to Projects 2 and 3. The other {% if condition < 3 %}member{% else %}members{% endif %} of the participant’s company {% if condition < 3 %}allocate{% else %}allocates{% endif %} tokens that provide a total of $0.60 to the participant. The participant’s total compensation for the experiment would be:
| Compensation earned from the first task of the experiment | = $X |
| 50 tokens allocated to Project 1 | = $2.00 |
| Compensation received from the decisions of others | = $0.60 |
| Participation fee | = $2.00 |
| Total compensation | = $4.60 + X |
2. A participant allocates 25 tokens to Project 1, 15 tokens to Project 2, and 10 tokens to Project 3. The other {% if condition < 3 %}member{% else %}members{% endif %} of the participant’s company {% if condition < 3 %}allocate{% else %}allocates{% endif %} tokens that provide a total of $0.75 to the participant. The participant’s total compensation for the experiment would be:
| Compensation earned from the first task of the experiment | = $X |
| 25 tokens allocated to Project 1 | = $1.00 |
| 15 tokens allocated to Project 2 | = $0.45* |
| 10 tokens allocated to Project 3 | = {% if condition > 2 %}$0.20*{% else %}$0.00{% endif %} |
| Compensation received from the decisions of others | = $0.75 |
| Participation fee | = $2.00 |
| Total compensation | = {% if condition > 2 %}$4.40{% else %}$4.20{% endif %} + X |
{% if condition > 2 %} *Note that the other manager in the participant’s company receives $0.65 (15 * $0.03 + 10 * $0.02) from the tokens allocated by the participant , and the Company Owner receives $0.20 (10 * $0.02) {% else %} *Note that the other manager in the participant’s company receives $0.45 (15 * $0.03) from the tokens allocated by the participant , while the Company (MTurk Requester) pays nothing out to anyone for the 10 tokens allocated to Project 3 {% endif %}.
When ready, please proceed to make your decision.