{{ block title }}
Buyer's Bid
{{ endblock }}


{{ block content }}

<p> This is Round {{ subsession.round_number }}. </p>
    <p>
        {{ if subsession.is_practice_round }}
        This round is a Practice round.
        Your decisions and your payoff in this round do not affect your final payoff.
        {{ endif }}
    </p>

{{ if player.role_set == 'bidder' }}
<p>
<!-- You are one of the two buyers. -->
In this auction, each buyer's private value of the item can either be drawn
<ul>
  <li>from Distribution A (with probability {{ probability_a }}%), or</li>
  <li>from Distribution B (with probability {{ probability_b }}%)</li>
</ul>
</p>
<p>
If Distribution A is selected, the private value is randomly and uniformly drawn
<ul>
  <li>between {{ subsession.a }} and {{ subsession.b }} with probability 75%</li>
  <li>between {{ subsession.c }} and {{ subsession.d }} with probability 25%</li>
</ul>
</p>
<p>
If Distribution B is selected, the private value is randomly and uniformly drawn
<ul>
  <li>between {{ subsession.a }} and {{ subsession.b }} with probability 25%</li>
  <li>between {{ subsession.c }} and {{ subsession.d }} with probability 75%</li>
</ul>
</p>

<p>
Your private value in this round is {{ player.item_private_value }}.
If you win the product, your round payoff is
your private value - your bid. Otherwise you get 0.
</p>

<p>
The seller has chosen the reserve price at {{ group.reserve_price }},
any bid below the reserve price will not be considered.
</p>

    {{ formfields }}

{{ else }}
<p>
<!-- You are the seller. -->
Please press next and wait for the bidders to submit their bids.
</p>

{{ endif }}

    {{ next_button }}

    {{ include C.INSTRUCTIONS_TEMPLATE }}

{{ endblock }}