Attachment-E-Consent-form

OMB Control Number 0536‐0070, expires 06/30/2016 

Attachment E

Consent Form ‐ University of Maryland College Park 

1 

University of Maryland College Park
Page 1 of 2

Initials _______ Date ______

Project Title

Testbed experiments for CRP auction design

Purpose of the Study

This research is being conducted by Professor Peter Cramton at the
University of Maryland, College Park. We are inviting you to participate in
this research project because you are a UMCP student. The purpose of
this research project is to understand bidding behavior.
The session today involves an experiment where you will make decisions
that will have a real effect on your earnings. You will be compensated for
your participation but the individual earnings will differ depending on
your decisions. Your earnings may also be affected by the decisions of
others in this session. You will play the role of a bidder in a sequence of
online auctions; the others in the session will also be bidders in the
auctions. The total time for the session will be approximately two hours.
The session takes place at the Experimental Economics Lab in Tydings Hall.
There are no known risks associated with participating in this research
project.

Procedures

Potential Risks and
Discomforts
Potential Benefits

Confidentiality

Compensation

This research is not designed to help you personally, but the results may
help the investigator learn more about auctions. We hope that, in the
future, other people might benefit from this study through improved
understanding of bids in auctions.
We will do our best to keep your personal information confidential. To
help protect your confidentiality, we will use only identification codes on
data forms, and we will store the data in an encrypted file on a secure
server connected to the Experimental Economics Lab. The identification
codes will be linked to personally identifying information, but the links will
be destroyed shortly after the experiment. Only the research team will
have access to the collected data. The information collected in this study
is confidential and your name will not be identified at any time.
If we write a report or article about this research project, your identity will
be protected to the maximum extent possible. Your information may be
shared with representatives of the University of Maryland, College Park or
governmental authorities if you or someone else is in danger or if we are
required to do so by law.
You will receive monetary compensation. Typical compensation is about
$25. You will be responsible for any taxes assessed on the compensation.
☐ Check here if you expect to earn $600 or more as a research
participant in UMCP studies in this calendar year. You must provide your
name, address and SSN to receive compensation.
☐ Check here if you do not expect to earn $600 or more as a research
participant in UMCP studies in this calendar year. Your name, address, and
SSN will not be collected to receive compensation.

University of Maryland College Park
Page 2 of 2

Right to Withdraw
and Questions

Participant Rights

Initials _______ Date ______

Your participation in this research is completely voluntary. You may
choose not to take part at all. If you decide to participate in this research,
you may stop participating at any time. If you decide not to participate in
this study or if you stop participating at any time, you will not be
penalized or lose any benefits to which you otherwise qualify. If you are a
student at the University of Maryland, your grades or standing with the
university will not be positively or negatively affected by your decision to
participate or not participate in this research project.
If you decide to stop taking part in the study, if you have questions,
concerns, or complaints, or if you need to report an injury related to the
research, please contact the investigator:
Professor Peter Cramton
Economics Department
University of Maryland
College Park MD 20742
301 405 6987
cramton@umd.edu
If you have questions about your rights as a research participant or wish
to report a research-related injury, please contact:
University of Maryland College Park
Institutional Review Board Office
1204 Marie Mount Hall
College Park, Maryland, 20742
E-mail: irb@umd.edu
Telephone: 301-405-0678

Statement of
Consent

Signature and Date

This research has been reviewed according to the University of Maryland,
College Park IRB procedures for research involving human subjects.
Your signature indicates that you are at least 18 years of age; you have
read this consent form or have had it read to you; your questions have
been answered to your satisfaction and you voluntarily agree to
participate in this research study. You will receive a copy of this signed
consent form.
If you agree to participate, please sign your name below.
NAME OF PARTICIPANT
[Please Print]
SIGNATURE OF PARTICIPANT
DATE