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Project Title: Experiments in Individual & Group Decision Making


This is research to help understand decision making in experiments using human subjects as participants. I understand that the entire experiment (including instructions) is expected to last less than 75 minutes, and that there is no conceivable physical or mental discomfort associated with participation.

I will be paid at the end of the experiment using the PayID details that I will be asked to provide at the end of the experiment. The amount of money I will be paid will depend upon the decisions that I make. On average, participants are expected to earn between AU$15 and AU$30 per hour. My participation in the experiment is completely voluntary and I am free to leave the experiment at any time. If I decide to leave the experiment before its completion, I will be paid the show-up fee of AU$5. However, I will not receive any payment for my decisions in the experiment.

I understand that the data from the experiment will be collected using randomly assigned identification numbers, so my choices will always remain anonymous. To receive my payment, the random identification number that I am assigned will be temporarily linked to my PayID details. However, this link, hence any identifying information, will be removed from the data before it is stored. I also understand that confidentiality of data will be preserved subject to any legal requirements. If, prior to processing the data, I do not wish for my data to be included in the project, I may request to have my decisions removed from the data set.

In the unlikely event that I am a student of Prof Nisvan Erkal, Prof Lata Gangadharan and/or Professor Erte Xiao, I understand that the experiment is completely voluntary and that my decision to participate, as well as the outcome of this experiment, will have no impact on my grades or the student-lecturer/tutor relationship.

If I have any questions about this research project, I can contact Professor Nisvan Erkal at 03 8344 3307, Office 324, Faculty of Business and Economics Building 105. If I have any concerns about the treatment of research participants, I can contact the Human Research Ethics Committee at The University of Melbourne (Phone: 03 8344 2073 or Fax: 03 9347 6739).

I agree to take part in the research project mentioned above. I have read the Plain Language Statement. By selecting "I agree", I declare myself fully informed and I agree to participate on a purely voluntary basis. I also attest to being at least 18 years old.

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Please note that if you select "I do not agree", the experiment will end for you.


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