{% extends "global/Page.html" %} {% load otree %} {% block title %} Belief about your score {% endblock %} {% block content %}

You have finished the first part of the experiment - the IQ test. In the next part of the experiment, we will ask you some questions about your performance in the IQ test. Specifically, we will ask you what you think is the probability that you scored amongst the top half of all Turkers who have taken the test. Remember that your score is calculated in the following way: It is the number of correct answers minus the number of incorrect answers. If there is a tie in the score, the computer randomly chooses which Turker ranks more highly. In evaluating your relative score, keep in mind that everybody taking the test is a Turker and saw a HIT similar to yours.

The accuracy of your stated probability that you scored in the top half will influence your payment. The experiment is designed such that you have the highest chance to earn money if you state the true probability with which you believe that you scored in the top half.

Your stated probability will determine your choice between two options:

x is a number between 0% and 100% and will be randomly picked by the computer. Each number between 0% and 100% is equally likely to be picked.

Your reported probability of scoring in the top half determines the choice between option A and option B in the following way. If x is higher than or equal to your reported probability, option B is chosen and you receive {{ payment_belief_elicitation }} with probability x. If x is lower than your reported probability, option A is chosen and you receive {{ payment_belief_elicitation }} if you scored in the top half.

This means that you always maximize the chances of winning the prize if you state the true probability with which you believe that you scored in the top half. On the next page, we will illustrate this with an example.

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