{{ block title }}
Please submit your bid: first stage
{{ 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.id_in_group > 1 }}

    <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>

    {{ formfield 'bid_amount1' }}



    {{else}}
<!-- For the auctioneer -->
    {{ if subsession.auction == 'common' }}
    <p>
    You are the seller.
    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 }}.
      </p>
      <p>
        Your round payoff = the winning bid.
      </p>
{{ endif}}

{{ if subsession.auction == 'private' }}
    <p>
      You are the seller.
      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 }}.
    </p>
    <p>
      Your round payoff = the winning bid
    </p>
{{ endif}}

{{ if subsession.auction == 'both' }}
<p>
  You are the seller.
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 }}.
</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 }}.
</p>
    <p>
      Your round payoff = the winning bid
    </p>
{{ endif}}

<p>Please press next and wait for the buyers to submit their bids.</p>

    {{endif}}

    {{ next_button }}

    {{ include C.INSTRUCTIONS_TEMPLATE }}

{{ endblock }}