Question

For this experiment all you have to do is distribute your 10 points into two accounts. One account called KEEP and one account called GIVE. The GIVE account is a group account between you and your group member. For every point that you (or your group member) put in the GIVE account, I will add to it 50% more points and then redistribute these points evenly to you and your group member. The sum of the points you put in KEEP and GIVE must equal the total 10 points. Any points you put in the KEEP account are kept by you and are part of your score on this experiment. Your score on the experiment is the sum of the points from your KEEP account and any amount you get from the GIVE account. For example, suppose that two people are grouped together. Person A and Person B. If A designates 5 points in KEEP and 5 points in GIVE and person B designates 10 points to KEEP and 0 points to GIVE then each person’s experiment grade is calculated in this manner: Person A’s experiment grade = (A’s KEEP) + 1.5(Sum of the two GIVE accounts)/2 = 5 +(1.5)(0+5)/2= 5 + 3.75 = 8.75. Person A’s score then is 8.75 out of 10. Person B’s experiment grade = (B’s KEEP) + 1.5(Sum of the two GIVE accounts)/2 = 10 +(1.5)(0+5)/2 = 10 + 3.75. Person B’s score then is 13.75 out of 10. (you can think of any points over 10 as extra credit) Please send me the email before the deadline and clearly tell me how many points you want to put in the KEEP account and how many you want to put in the GIVE account.

Answer 1

I understand the instructions and will distribute the points in a way that maximizes the total earned for both participants. Here is how I would allocate the points:

KEEP account: 0 points

GIVE account: 10 points

By allocating all 10 points to the GIVE account, both participants will receive 15 points after the 50% multiplier is applied (10 * 1.5 / 2 = 15). This results in the highest total score compared to any other allocation.