[00:15] Moderator: Okay, so it's time for the final task.
[00:17] Moderator: It's a very important one, so we're almost done.
[00:21] Moderator: Okay, so task four is gentleman to fund task.
[00:27] Moderator: So you have to imagine that each of you receives 10 tokens.
[00:30] Moderator: You can think about them as whatever unit of money you prefer.
[00:35] Moderator: and you can decide how many to contribute to a shared fund and how many sets to keep in your private portfolio if you share tokens they get multiplied by 1.5 and then whatever is in the shared fund at the end gets split equally among all of you so your final endowment will be whatever you kept of your tokens plus that contribution to the fund only your share of course
[01:04] Moderator: So you can decide between 0 and 10 tokens to contribute to the community fund.
[01:09] Moderator: You can imagine it with your colleagues and try to imagine that it's real money at stake.
[01:15] Moderator: Do you have any questions about the logic or can I proceed?

[01:19] Sub-049 (P1): So we put coins and then that's multiplied and we get a part of that.
[01:25] Sub-049 (P1): Plus what you kept of your personal tokens.
[01:29] Sub-049 (P1): If you didn't share all of them.
[01:31] Sub-049 (P1): And do we get like a sentence and then we need to chip in or we just put money on it?

[01:38] Moderator: You just decide how many.
[01:39] Moderator: You just decide how many.

[01:42] Sub-049 (P1): You don't discuss the strategy with the others.

[01:45] Moderator: You just do it individually.
[01:47] Moderator: And then you discuss the outcome later on.

[01:50] Sub-049 (P1): Okay.

[01:51] Moderator: So right now you would just have to choose how many between 0 and 10 you contribute.

[01:57] Sub-049 (P1): Okay.

[02:59] Moderator: Okay, now we'll reveal the group outcome first.
[03:27] Moderator: You can discuss if you want.

[03:46] Sub-049 (P1): So I was expecting more return.

[03:47] Moderator: Maybe I didn't do the math correctly.

[03:48] Sub-049 (P1): Maybe I didn't do the math correctly.

[03:58] Sub-051 (P2): I don't, yeah, maybe I don't understand it.
[04:00] Sub-051 (P2): If I had kept all 10 tokens, then I would have ended up with more money?

[04:08] Sub-049 (P1): Yeah.

[04:09] Sub-048 (P4): Yeah.

[04:10] Sub-051 (P2): That doesn't make sense to me.

[04:12] Sub-050 (P3): I will not share everyone's contribution.

[04:14] Moderator: contribution and you can discuss the outcome for three minutes

[04:37] Sub-051 (P2): I don't get the math.

[04:40] Sub-049 (P1): so the more so the one that gave the less got the more in total the one who kept the most tokens gets the most

[04:40] Sub-048 (P4): But that's how much we contributed or how much we have left?
[04:43] Sub-048 (P4): How much we have left?
[04:44] Sub-048 (P4): Yeah.
[04:46] Sub-048 (P4): Okay.

[04:58] Sub-051 (P2): Huh?
[05:02] Sub-051 (P2): No?

[05:02] Sub-048 (P4): Yeah, apparently.

[05:03] Sub-051 (P2): The one who kept the most tokens gets the most.

[05:06] Sub-048 (P4): Yeah.

[05:08] Sub-051 (P2): But I don't understand that.
[05:11] Sub-051 (P2): There was no... Is that if you keep your token...

[05:14] Sub-048 (P4): Yeah, I'm also a little bit confused.
[05:18] Sub-048 (P4): I'm like, let's talk, but what about... Yeah, basically, I robbed you.

[05:21] Sub-049 (P1): So you have our tokens now.

[05:25] Sub-051 (P2): You robbed us!
[05:29] Sub-051 (P2): But how do you have them all?
[05:30] Sub-051 (P2): Well, I don't get it.

[05:32] Sub-048 (P4): Because someone else put more, and then it divides equally at the end.
[05:38] Sub-048 (P4): So the one who put more has less.
[05:42] Sub-048 (P4): And then the result is when it's divided equally.

[05:46] Sub-050 (P3): So what was your reason to keep?

[05:48] Sub-048 (P4): I did it so fast, I'm not going to lie.

[05:51] Sub-050 (P3): Fair enough.

[05:53] Sub-048 (P4): I'm not going to lie.
[05:58] Sub-048 (P4): Because I thought, is this the only one that we're contributing to?
[06:02] Sub-048 (P4): Or do we have more?
[06:04] Sub-048 (P4): Only this?
[06:05] Sub-048 (P4): Because I thought this is in total.
[06:07] Sub-048 (P4): It's like 10 tokens in total.
[06:09] Sub-048 (P4): And then we're going to have more things to contribute to.
[06:11] Sub-048 (P4): So I was like, okay, I'm going to give one.
[06:13] Sub-048 (P4): Let me keep my tokens for something more important.
[06:19] Sub-048 (P4): I'm sorry.
[06:23] Sub-048 (P4): Yeah, I'm sorry.
[06:26] Sub-048 (P4): So it wasn't my intention to rob you guys.
[06:30] Sub-048 (P4): That's my argument.

[06:34] Sub-051 (P2): But if we'd all given all of our tokens, then what?
[06:38] Sub-051 (P2): Then we all get more money, no?

[06:39] Sub-048 (P4): Then we all get the same.
[06:41] Sub-048 (P4): Yeah.

[06:43] Sub-049 (P1): And if no one gave anything, then we all remain intent because we don't get anything.

[06:47] Sub-051 (P2): Mm-hmm.

[06:49] Sub-049 (P1): But if you give only one, then you get the same share than everyone.

[06:49] Sub-048 (P4): Yeah, but we also don't...
[06:56] Sub-048 (P4): I would have also given all of them if I knew.

[07:00] Sub-051 (P2): Take my money.
[07:04] Sub-051 (P2): Yeah.

[07:15] Sub-048 (P4): Does this somehow mess with the test or something?

[07:19] Moderator: No, no.

[07:20] Sub-048 (P4): It's fine.

[07:20] Moderator: Everyone has different strategies.
[07:31] Moderator: But yeah, I mean, usually it's maybe somewhere around sometimes.

[07:37] Sub-048 (P4): This was only like just a little check for the group.

[07:42] Moderator: so yeah sometimes you have maybe more rounds but yeah i mean this is fine every every group has different results okay so i will send the last questionnaire and when you're done you can start with maybe your tablets

[07:42] Sub-048 (P4): So, yeah, sometimes you have maybe more rounds, but I mean, this is fine.

[07:51] Moderator: Okay, so I will send the last questionnaire and when you're done, you can start.
[08:17] Moderator: No, I went to the experiment and came back.
