{{ block title }}
Please submit your bid: second stage
{{ endblock }}


{{ block content }}

<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> The seller decide to retake the auction. Please resubmit your bid.</p>

{{ if subsession.auction == 'common' }}
<p>
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>
    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>
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 resubmit your bid between {{ player.min_bid }} and {{ player.max_bid }} (inclusive).
    </p>

    {{ formfields }}

    {{ next_button }}

    {{ include C.INSTRUCTIONS_TEMPLATE }}

{{ endblock }}