{% extends "global/Page.html" %} {% load otree %} {% block title %}Introduction{% endblock %} {% block content %}
Welcome to my experiment.
You are participating in an experiment about individual decision-making.
In this game, you will be randomly matched with three other players to form a group of four. Each of you will be given an endowment of 20 points. Each group member can contribute any amount of the endowment to the group. Then the total contributions of the group members will be multiplied by 1.5 and distributed equally to each group member.
Your potential payoff will be determined by the following:
Payoff = {{Constants.endowment }} - your contribution + 1.5 [(sum of contributions from all group members)/4]
For example: Say all four participants contribute 10 to the group. Then the sum of contributions from all group members will be 40. 40 *1.5 = 60 and divided equally among the four group members that is 15 for each. Since you have 10 left of your endowment (20- 10 you contributed), your payoff is 25.
{% formfields %} {% next_button %} {% endblock %}