Please read the rules carefully, they will be part of the quiz.
You and another MTurker are matched in a team. One of you is player 1 and the other is player 2. Both players get the same bonus.
This is how the bonus is determined:
- There are 10 teams: your team and 9 other teams. In each team, there is a player 1 and a player 2.
- All 10 teams share an account with 10 tokens.
- 1 token = $1.
- Each team has to decide what happens with 1 of the 10 tokens.
- The team can take the token from the shared account into the team's pocket.
- The team can leave the token in the shared account.
- After all teams have made their decision, all tokens that remain in the shared account are multiplied by 4 and then distributed to all 10 teams in equal shares.
- Your bonus depends on what your team gets from the shared account plus the token your team might have pocketed.
This is the dilemma: leaving the token in the shared account is best for everybody but taking the token increases the payoff for your own team at the expense of the other teams.
This is how teams decide:
{% if treatment == "obs" %}- Player 1 chooses between take and leave.
- Player 2 observes what player 1 chose.
- Player 1 chooses between take and leave.
- Player 2 observes what player 1 chose and then chooses between take and leave.
- If both player 1 and player 2 choose take, the team will take the token from the shared account.
- If one or both players choose leave, the team will leave the token in the shared account.
- Player 1 and player 2 both choose between take and leave.
- If both player 1 and player 2 choose take, the team will take the token from the shared account.
- If one or both players choose leave, the team will leave the token in the shared account.
Here are some examples:
- If all 10 teams choose leave, all 10 tokens remain in the shared account. Then, the 10 tokens are multiplied by 4, increasing the shared account to 40 tokens. Hence, each of the 10 teams earns 4 tokens. 1 token = $1 for each team member so this means that each player gets $4.
- If all 10 teams choose take, no tokens remain in the shared account. Hence, each of the 10 teams earns 1 token. 1 token = $1 for each team member so this means that each player gets $1.
- If your team chooses leave, but all 9 other teams choose take, 1 token remains in the shared account. Then, this 1 token is multiplied by 4, increasing the shared account to 4 tokens. Hence, all 9 other teams earn 1.4 tokens that are worth $1.40 for each of their players and your team earns 0.4 tokens. 1 token = $1 for each team member so this means that each player in your team gets $0.40.
- If your team chooses take, but all 9 other teams choose leave, 9 tokens remain in the shared account. Then, the 9 tokens are multiplied by 4, increasing the shared account to 36 tokens. Hence, all 9 other teams earn 3.6 tokens that are worth $3.60 for each of their players. Your team earns 4.6 tokens. 1 token = $1 for each team member so this means that each player in your team gets $4.60.