{{ block title }}
Please submit your 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>
<p> Your are endowed with {{subsession.endowment}} points. </p>

{{ if subsession.auction == 'common' }}
    <p>
      You are a buyer.
    In this auction, the value of the product only includes the common value,
    which is the same for all the buyers.
    Each buyer's common signal is randomly and uniformly drawn between {{ subsession.c }} and {{ subsession.d }}.
    Your common signal is {{ player.item_common_value_signal }}.
    </p>
    <p>
      If you win the product, your round payoff is
      the AVERAGE of the common signals of all the buyers - your bid + endowment.
    </p>
{{ endif}}

{{ if subsession.auction == 'private' }}
    <p>
      You are a buyer.
    In this auction, the value of the product only includes the private value,
    which differs between buyers.
    Each buyer's private value is randomly and uniformly drawn between {{ subsession.a }} and {{ subsession.b }}.
    Your private value is {{ player.item_private_value }}.
    </p>
    <p>
      If you win the product, your round payoff is
      your private value - your bid + endowment.
    </p>
{{ endif}}

{{ if subsession.auction == 'both' }}
    <p>
      You are a buyer.
    In this auction, the value of the product has both the private value and the common value:
    </p>
    <p>
    The private value differs between buyers.
    Each buyer's private value is randomly and uniformly drawn between {{ subsession.a }} and {{ subsession.b }}.
    Your private value is  {{ player.item_private_value }}.
    </p>
    <p>
    The common value is the same for all the buyers.
    Each buyer's common signal is randomly and uniformly drawn between {{ subsession.c }} and {{ subsession.d }}.
    Your common signal is {{ player.item_common_value_signal }}.
    </p>
    <p>
      If you win the product, your round payoff is
      your private value + the AVERAGE of the common signals of all the buyers - your bid + endowment.
    </p>
{{ endif}}

    <p>
        Please submit your bid between {{ player.min_bid }} and {{ player.max_bid }} (inclusive).
    </p>

    {{ formfields }}

    {{ next_button }}

    {{ include C.INSTRUCTIONS_TEMPLATE }}

{{ endblock }}