Instructions
Rules of the game:
At the end of the game, the POINTs you have earned will be converted into € according to the following rule:
The exchange rate for this game is (1 POINT = 0.1 EUROS)
This game consists of 8 rounds and is played with one of the other participants in the experiment,
whom we will refer to as "your partner."
Your partner is anonymous and has no means of identifying you either.
For each of these rounds, you have a starting amount in POINT.
You can decide to give some of it to your partner.
Therefore, you will choose two amounts: one that you give and one that you keep.
The sum of the amounts you give and the amounts you keep must equal the starting amount.
During each round, a value
G ("give") will be assigned to the POINTs you give,
and a value
S ("self") will be assigned to the POINTs you keep.
Thus, the amount you keep will be multiplied by
S, and the amount you give will be multiplied by
G.
Your partner plays the same game on their side.
At the end of the game, one round will be randomly chosen to determine your payoff,
and one of the two players will be randomly named the "dictator" (player1).
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Case 1:
If you are the
dictator (player 1), your final payoff will be:
Amount you chose to keep x S
And your partner's (player 2) final payoff will be:
Amount you chose to give x G
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Case 2:
If you
are not named dictator (player 2), your final payoff will be:
Amount your partner chose to give you x G
And your partner's (player 1) final payoff will be:
Amount your partner chose to keep x S