Sample size: planned number of observations
We will recruit 250 participants in total. No observations will be excluded from the main analysis among participants who complete the experiment; however, participants who drop out before completion will be replaced by new subjects, and responses with completion times excessively fast will be excluded and similarly replaced. Robustness checks that we will report in the appendix will restrict the sample to: (1) participants whose maximum-likelihood strategy estimate achieves a posterior accuracy above 80%, and (2) participants who pass all comprehension checks. The 250 participants is the target before the robustness checks.
Participants will be recruited on Prolific from the United Kingdom and will be required to be native English speakers, aged 18–50, with at least a high school education (including higher education up to the doctoral level). To ensure data quality, only participants with an approval rate of at least 99% will be included.