{% load otree staticfiles %}
You have been randomly assigned to a group of {{ Constants.players_per_group }} people – but will only conduct this experiment by yourself. You will not be made aware of the identity of the others in your group (or any other group) at any time – neither will anyone else be made aware of your identity. During the experiment you will also not be able to talk or chat to the others, and none of the others will have such an opportunity. The only help that you have is a basic calculator which is available to everyone in the group.
Each participant in the group is given {{ Constants.endowment }} tokens as an endowment in addition to the show-up fee (1 token = 1 Øre = 0.01 DKK). Everyone receives this endowment only once at the beginning of this experiment. In the experiment you can freely decide how much of this amount to keep for yourself and how much to contribute to the group account, a joint pool. Everyone in the group will make the same choice, and is allowed to contribute any amount between 0 and {{ Constants.endowment }} token.
The earnings are calculated as following: The contribution of all {{ Constants.players_per_group }} participants will be multiplied by a factor of {{ Constants.multiplier }} and the resulting total amount in the pool will then be equally divided among the four people in the group, i.e. everyone in the group receives 25% of the group account. The share that you receive from the pool will then be added to the amount that you decided to keep for yourself. Also note that the pool is always zero after everyone’s shares have been distributed.
You will engage in this experiment over 10 rounds. In each round you and the others make the same decision, i.e. you decide how much you will keep for yourself and how much you will contribute to the pool. In each round the contributions will be doubled before the shares are paid out to the group member. The only difference in round 2 and all the following rounds is that you can contribute to the group account as much as you have earned so far.
{% endifnotequal %}