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

This is a trial auction for a farmland sales experiment.

{{ if player.round_number == 4}}

This is the last round for the trial auction. Make sure you understand the Return Distribution Table and the History Table. Feel free to ask if you have any questions. Otherwise, please move on.

{{else}} {{endif}} You are one of 10 players who are bidding in an auction.

Your ID is {{participant.id_in_session}}.

You are now in trial period.

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

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


You could use the return distribution and the history table down below as references to make your investment decision

{% if player.round_number != 1 %}
History Table
Return* will be added to your account at the end of this 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 Trial Account Balance
{{subsession.period}} {{p.myfarmland}} feet {{p.bid}} {{p.group.highest_bid}} {{p.is_winner}} {{p.price}} {{p.finalreturn}} {{p.payoff}} {{participant.trial}} {{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 get the item and your payoff is 0. The payoff will be calculated after each period.

Your current trial points are {{participant.temp_total1}}.

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

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