{% extends "global/Page.html" %} {% load otree static %} {% block title %} Instructions {% endblock %} {% block content %}

Welcome to the Experiment!


This experiment is a only a pre-run, thus, there will be no actual payments after participation. For the purpose of our research we kindly ask you to engage in the experiments as if the payoffs were real. We highly appreciate your participation.


In this experiment you will be paired up with another player forming a team. You and your teammate will be presented with a video showing a series of coin tosses. You will be asked to report the outcome of the second coin toss, i.e ‘heads’ or ‘tails’. Depending on the reports provided by you and your teammate a group payoff will be generated. The group payoff impacts your individual payoff.





Cheat sheet!


When reporting the coin toss it is important to acknowledge that:

Do not confuse report contributions -mentioned above, with particpants' payoffs.


The Payoff Mechanics:

There is a 50% chance that your team will be supervised. If your team is supervised, the computer randomly checks either your entered coint toss or your teammate's entered coin toss.

If the team is not supervised or the checked team member reported the true coin toss, it results in the following payoffs:
$$ \pi_i = \frac{\pi_{g}}{2} $$

If one team member $i$ is supervised and reported the wrong coin toss, Both players receive the same -penalised, payoff:
$$ \pi_i =-1 + \frac{p_{j}}{2} $$

i.e. $P_i = P_j = -1 + \frac{p_{j}}{2} $, both players receive a penalty of -1.

Where $$ \pi_g = p_{1} + p_{2} $$ $\pi_i$: participant i's payoff.
$\pi_g$: group's Payoff.
$p_i$,($p_j$): player's (teammate's) report contribution to the group payoff.




Quiz!


{{ Constants.controlQuestion1 }}

{% formfield player.controlQuestionChoices1 %}


{{ Constants.controlQuestion2 }}

{% formfield player.controlQuestionChoices2 %}


{{ Constants.controlQuestion3 }}

{% formfield player.controlQuestionChoices3 %}



The video is only presented once! You will then be asked to report the value of the second coin toss.
Press next to proceed to video.

{% next_button %} {% endblock %}