You opened Gold 1 and Silver 1 envelopes

You have learned that 8 out of 10 players made offers, therefore, you will be paid according to your offer decision when 8 out of 10 players make offers

Your final payoff is R48. It is made up of:

  1. Payoff when 8 out of 10 players make offers: R33
  2. Token payoffs: R15
  3. Correct answer to the question: "How many players made offers?": R0