If you click on the next button, you will enter a waiting screen.
Please be patient and wait until everyone finished reading the instructions and answering the questions.
This could take a couple of minutes.
Afterwards, you will learn your role: Seller or buyer.
There will be one test trading round to make you familiar with the screen and the rules.
After the one test round, there will be 3 trading rounds.
Due to technical problems or other reasons it can happen that participants drop out of the study.
To carry on with the game, automated players will take the open spots.
Such a bot will always offer the good at price equal to his production costs as a seller and bid at price equal to his valuation as a buyer.
Bots will be indicated as such. (Therefore, all other players are real human players.)