{{ extends 'global/Page.html' }}
{{ block title }}
     Estimating the GDP per capita - Country {{ player.round_number }} of {{ C.NUM_ROUNDS }}
{{ endblock }}
{{ block content }}

    <div style="text-align: justify;" class="card bg-light mb-3  ">
        <div class="card-body">
            <p>
               You now have the <b>possibility</b> to get the <b>estimate of an algorithm as advice for the GDP per capita</b>.
            </p>
            <p>The algorithm has exactly the same information available as you do. <b>67% of the algorithm's estimates are within 5 points of the actual GDP per capita</b>.
                If you use the algorithm's advice, you can decide for yourself which final estimate you enter for the GDP per capita.</p>
            <br>
            <p>The use of the algorithmic support is <b>not</b> free of charge.
                On the next pages, you will be asked to indicate whether you want to receive the algorithm's advice and how much you are willing to pay (between {{ player.wtpzero }} and {{ player.wtpmaxcu }}) in case you want to use it.
                The price you actually pay for the algorithm's support is determined randomly. The algorithm's quality does not depend on the price.
                The exact mechanism is explained below.</p>

            <p>The <b>algorithm's advice costs a randomly determined price (between {{ player.wtpzero }} and {{ player.wtpmaxcu }})</b>, which is not known beforehand.</p>

            <p> If your willingness to pay for the advice is higher than the randomly selected price, you pay the randomly selected price and receive the advice from the algorithm. This price will be subtracted from the profit you make with this estimation.
                If your willingness to pay for the advice is lower than the randomly selected price, you pay nothing and do not receive the advice. In this case, you have to determine the estimate yourself.</p>

                <p>The probability that you will actually receive the algorithm's advice increases with the amount you are willing to pay.
                    You <b>maximise your profits by truthfully indicating your willingness to pay</b> for the advice.</p>

            <br>
            <p> <b> Example:</b> </p>
            <p> Suppose your willingness to pay for the algorithm's advice is {{ player.examplewtp}}. In this case, it is optimal for you to enter {{ player.examplewtp }} as the maximum value that you are willing to pay.
                If the randomly chosen price is {{ player.examplepricelow }}, then you only pay {{ player.examplepricelow }} and receive the algorithm's advice.
                If the randomly chosen price is {{ player.examplepricehigh }}, you pay nothing and do not receive any advice. </p>

            <br>
                <p>On the next pages you will be asked 4 <b>comprehension questions</b>.
                    After correctly answering the comprehension questions, you can <b>decide</b> whether you would like to seek advice from the algorithm.</p>


        </div>
    </div>

     <br>
    <!-- {{ next_button }}  -->
    <button class="otree-btn-next btn btn-primary button1" style="float: right;">Continue</button>


{{ endblock }}