{{ extends 'global/Page.html' }} {{ block title }}Bid{{ endblock }} {{ block content }}

This is the formal auction for farmland sales experiment.

You are one of 10 players who are bidding in an auction. Your ID is {{participant.id_in_session}}.

You are now in period {{subsession.speriod}}.

The average aquifer water level is {{subsession.saturate }}.

We have 4 farmlands to be sold in this period.
Period Average saturated thickness level of the aquifer High return farmland
Mid return farmland
Low return farmland
Dry farmland
{{subsession.speriod}} {{subsession.saturate}} feet {{subsession.NO1}} feet {{subsession.NO2}} feet {{subsession.NO3}} feet {{subsession.NO4}} feet

{% if player.round_number != 1 %}
History Table
Return* will be added to your account at the end of each period

{% for p in player.in_previous_rounds %} {% endfor %}
Period Farmland Water Level Your Bid Highest Bid Did You Win? Final Price Farmland Return Your Net Return * Your Accumulated Net Return Your Current Account Balance
{{p.group.period}} {{p.myfarmland}} feet {{p.bid}} {{p.group.highest_bid}} {{p.is_winner}} {{p.price}} {{p.finalreturn}} {{p.payoff}} {{participant.Task2}} {{p.temp}}

{% endif %}

Please type in your bid below, and make sure your bid doesn't exceed your current total points.

If your bid is the highest, then you will win the auction and your payoff is the return minus second highest bid. If not, then you will not win the item and your payoff is 0. The payoff will be calculated after each period.

The farmland for auction is {{subsession.FARMLAND }} feet.

Your current total points are {{participant.temp_total}}

{% formfields %} {{ next_button }} {{ endblock }}