{% load otree %}

<div class="card bg-light m-3">
    <div class="card-body">
    <h3>
        Instructions
    </h3>
        
    <p>
    </p>   
        
    <p>
        <b>Rules of Play:</b>
    </p>
        
    <p>
        There are three players in the game, including you. Every player simultaneously
        faces the same decision-making problem. At the beginning of the experiment, you will
        receive an endowed income. <b>Each player will receive an endowment of $4.</b> 
        The game consists of 5 rounds. In each round, you -- along with the other 2 players
        -- will decide how much of your income you want to invest into a climate account.  
        The climate account has been set up to protect the climate and evade dangerous 
        climate change, which can result in significant economic losses. 
    </p>
    
    <p align="center">
        <img src="https://i.ibb.co/dpv31kV/3-P-12-Perfect.png" alt="perfect distribution" border="0" width="401" height="241" />
    </p>
        
   <p>
       In order for the climate account to protect against climate change, there must be
       $6 collectively invested in the account by the end of the fifth round.  </p>
<ul>
 <li>If $6 are collectively invested, you and the other players will keep
       your remaining (non-invested) money which will be paid as a bonus after the game.</li>
 <li>If $6 are NOT 
       collectively invested, dangerous climate change will occur with a probability of 50% 
     (in 5 of 10 cases) <b> and you will lose all the remaining money in your account</b> and will not receive a bonus after the game.</li>
</ul>
       
<p>       <u>The $6 climate account threshold can be reached if every
       player invests, on average, $0.40 per round into climate protection.</u> If this is the 
       case, $1.20 on average will be collectively paid into the climate account per round. 
   </p>
        
    <p>
        <b>Note:</b> The total amount collectively invested in the climate account will be displayed
        after each round, along with individual investments. Only when each player has made their
        choice will all decisions be displayed simultaneously. Players will make decisions anonymously. 
    </p>
        
    <p>
        <b>Use of the money in the climate account:</b> If $6 has been collectively invested in the 
        climate account, we (the researchers) will buy carbon offsets with those funds. (If $6 has not 
        been invested, we will not buy carbon offsets.)
    </p>        
        
    </div>
</div>