{% extends "global/Page.html" %}
{% load otree %}

{% block title %}
    Second Stage
{% endblock %}

{% block content %}

<p> In the second stage of the experiment you will have to choose between the same two options <b> 40 times </b> in a row. The options yield outcomes that occur with different probabilities. There is no explicit information on the outcomes and the probabilities with which they occur. Each outcome is associated with a penalty in cents. For example, if the outcome is -3, you lose 3 cents from your current earnings, if the outcome is -5, you lose 5 cents from your current earnings, if the outcome is -8, you lose 8 cents from your current earnings, etc.  </p>

<p> After completing 40 rounds, you will make a final choice between the same two options for a much greater (<b> 100 times! </b>) penalty. For example, an outcome of -1 is now associated with a loss of 1 EUR instead of 1 cent, an outcome of -4 is associated with a loss of 4 EUR, an outcome of -7 is associated with a loss of 7 EUR, etc. </p>

<p> Your current earnings are <b> 10 EUR </b>. Please, proceed to the next section where you will start choosing between the two options. </p>


    {% next_button %}



{% endblock %}