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You have to tick the checkbox next to I understood the instructions in order to proceed.
Please tilt your device to see the instructions.

  • You will face 10 decision rounds, where you decide to choose yourself or to delegate.

  • The decision whether you choose yourself or delegate and let participant type 3 choose has additional payoff consequences:
    • If you choose yourself, you may either have to pay a price or you may receive a bonus payment.
    • If you delegate, there is no price or bonus.

  • In the 10 rounds, Options A and Option B remain the same, while the price or bonus change between rounds.

  • The following picture illustrates the payoff consequences of your choice in a given decision situation:



You

You choose an option yourself

Participant Type 3 chooses an option for you
Your Payoff:

Your endowment of 2000 points

+ bonus if there is a bonus in this situation
or
- price if there is a price in this situation
Your Payoff:

Your endowment of 2000 points


  I understood the instructions

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