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Instructions For Part 1


In this study, you will be randomly and anonymously paired with another participant.

The experiment consists 3 parts, and this is part 1. Below is an example of the matrix you will encounter in part 1.
Once you proceed, you will have 1 minute to make your decision. If you do not make a decision by the end, the system will choose to exercise Strategy 2 for you.


Your partner
Strategy 1 Strategy 2
You Strategy 1 $5, $5 $0, $10
Strategy 2 $10, $0 $2, $2

How To Read the Table

Each cell stands for a payoff corresponding to the interaction. For example, the cell in the first column of first row stands for the payoff if you choose to exercise Strategy 1 and your partner chooses to exercise Strategy 1.

In each cell, the amount to the left (labeled red) is your payoff and the amount to the right (italicized) is your partner's payoff. If you have any questions, please ask the experiment observer, otherwise, you can click the next button below to proceed to part 1.


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