{{ block title }}Instructions{{ endblock }}

{{ block content }}

    <h3 style="text-align: center;">Conversion Rate</h3>

    <p>
        During the experiment, your earnings will be measured in points. Each point is worth 2 cents, so at the end of
        the experiment your points will be converted to dollars at a rate of <strong>50 points per dollar</strong>.
    </p>
    <hr>
    <br>

    <h3 style="text-align: center;">Your Group</h3>

    <p>
        <ul>
            <li>You will participate in <strong>one group</strong></li>
            <li>Your group will consist of <strong>4 members</strong> (including you), and you will be in this group for <strong>{{ C.NUM_PERIODS }} periods</strong></li>
            <li>You will not know the identity or the individual decisions of the participants you are grouped with</li>
        </ul>
    </p>
    <hr>
    <br>

    <h3 style="text-align: center;">Your Decision Screen</h3>

    <p>
        <div style="display: flex; justify-content: space-between; align-items: center;">
            <div style="width: 49%;">
                <ul>
                    <li>To the right is the decision screen that you will see in each period</li>
                    <li>The current period is displayed in the top right (shown in <span style="color: blueviolet">purple</span>)</li>
                    <li>At the start of each period, you will receive <strong> {{ C.ENDOWMENT }}</strong> (shown in <span style="color: coral">orange</span>)</li>
                </ul>
            </div>
            <div style="width: 49%;">
                <img src="{% static 'SingleGroup/SingleDecisionsNew.jpg' %}" alt="Image" height="300">
            </div>
        </div>
    </p>
    <hr>
    <br>

    <h3 style="text-align: center;">Making Your Decision</h3>

    <p>
        <div style="display: flex; justify-content: space-between; align-items: center;">
            <div style="width: 49%;">
                <ul>
                    <li>In each period, you must decide how many of your {{ C.ENDOWMENT }} to invest to your</li>
                    <ul>
                        <li>Group's Joint Account (shown in <span style="color:coral">orange</span>)</li>
                        <li>Personal Account</li>
                    </ul>
                    <li>To invest points to your Group's Joint Account, enter a whole number between 0 and {{ C.ENDOWMENT }} in the <span style="color:coral">orange</span> circled region </li>
                    <li>The computer automatically invests the rest of your points in your Personal Account </li>
                </ul>
            </div>
            <div style="width: 49%;">
                <img src="{% static 'SingleGroup/MakeChoiceNew.jpg' %}" alt="Image" height="300">
            </div>
        </div>
    </p>
    <br>

    <h4 style="text-align: center;">Example</h4>

    <p>
        <div style="display: flex; justify-content: space-between; align-items: center;">
            <div style="width: 49%;">
                <ul>
                    <li>Suppose you</li>
                    <ul>
                        <li>Invest 9 points to your  Group's Joint Account</li>
                        <li>Then, by clicking the next button, the computer will automatically invest the rest of your points, 11, into your Personal Account (20 - 9 = 11).</li>
                    </ul>
                </ul>
            </div>
            <div style="width: 49%;">
                <img src="{% static 'SingleGroup/ExampleNew.jpg' %}" alt="Image" height="300">
            </div>
        </div>
    </p>
    <hr>
    <br>

    <h3 style="text-align: center;">Period Earnings</h3>

    <p>
        <ul>
            <li>Your earnings are the <strong>sum</strong> of your earnings from</li>
            <ul>
                <li> Group's Joint Account (your Individual Share)</li>
                <li>Personal Account</li>
            </ul>
        </ul>
    </p>

    <h4 style="text-align: center;">Group's Joint Accounts</h4>

    <p>
        <ul>
            <li>Earnings from your Group's Joint Accounts</li>
            <ul>
                <li>Depends on the total number of points that you and other members of the group invest in the Joint Account</li>
                <li><strong>Each member</strong> will earn 0.5 times the total number of points invested in the Group's Joint Account</li>
            </ul>
        </ul>
    <strong>Group Earnings</strong> = ( income from Group's Joint Account [= Your Individual Share] )
    <br>
    Which is the same as
    <br>
    = ( 0.5 x sum of all investments to the Group's Joint Account )
    </p>

    <h4 style="text-align: center;">Personal Account</h4>

    <p>
       The points you place in your Personal Account will be directly added to your earnings. (For Example, if you place
        5 points in your Personal Account then you will earn 5 points from your Personal Account.)
        <br> <br>
        Your <strong>Personal Account (in one period)</strong> is determined as follows:
        <br> <br>
        <strong>Personal Account</strong> = ( 20 ) - ( your investment to your Group's Joint Account )
    </p>

    <h4 style="text-align: center;">Total Earnings</h4>

    <p>
        <strong>Total Earnings (in one period)</strong> = ( Personal Account ) + (Individual Share )
        <br> <br>
        Which is the same as
        <br>
        = ( 20 ) - ( your investment to your Group's Joint Account )
        <br>
        + ( 0.5 x sum of all investments to the Group's Joint Account )
    </p>

    <h4 style="text-align: center;">Example</h4>

    <p>
        <strong>Investments</strong>
        <ul>
            <li>Suppose you invest</li>
            <ul>
                <li>5 points to your Group's Joint Account</li>
            </ul>
            <li>And the three other members of your</li>
            <ul>
                <li>Group invest a total of 17 points</li>
            </ul>
        </ul>
        <strong>Earnings</strong>
        <ul>
            <li>Group Earnings: (Your Investment + Total of the three Other Members' Investments) x (0.5)</li>
            <ul>
                <li>(5 + 17) x (0.5) = 22 x 0.5 = 11 points (Individual Share)</li>
            </ul>
            <li>Personal Account: (points received) - (your investment to the Group's Joint Account)</li>
            <ul>
                <li>(20) - (5) = 15 points</li>
            </ul>
            <li>Total Earnings: (Individual Share) + (Personal Account)</li>
            <ul>
                <li>(11) + (15) = 26 points</li>
            </ul>
        </ul>
    </p>
    <hr>
    <br>

    <h3 style="text-align: center;">Results</h3>

    <p>
        <div style="display: flex; justify-content: space-between; align-items: center;">
            <div style="width: 49%;">
                <ul>
                    <li>At the end of each period, the computer will show you</li>
                    <ul>
                        <li>Your Investment in the Group's Joint Account</li>
                        <li>Total Investment in the Group's Joint Account</li>
                        <li>Each group member's Individual Share</li>
                        <li>Your Personal Account</li>
                        <li>Your Period Earnings</li>
                    </ul>
                </ul>
            </div>
            <div style="width: 49%;">
                <img src="{% static 'SingleGroup/SingleResultsNew.jpg' %}" alt="Image" height="300">
            </div>
        </div>
    </p>
    <hr>
    <br>

    <h3 style="text-align: center;">History Table</h3>

    <p>
        <div style="display: flex; justify-content: space-between; align-items: center;">
            <div style="width: 49%;">
                <ul>
                    <li>In each period, after the first, the prior periods outcome will be displayed</li>
                    <ul>
                        <li>This includes and summarizes the information presented on each 'Results' Screen</li>
                    </ul>
                </ul>
            </div>
            <div style="width: 49%;">
                <img src="{% static 'SingleGroup/SingleHistTableNew.jpg' %}" alt="Image" height="300">
            </div>
        </div>
    </p>
    <hr>
    <br>

    <h3 style="text-align: center;">Reminder</h3>

    <p>
        As a final reminder, you will be paid based on your <strong>cumulative earnings</strong> from all periods.
        These earnings will be converted to USD at the end of the experiment at a rate of
        <strong>50 points = 1 USD</strong>.
    </p>
    <hr>
    <br>

    <h3 style="text-align: center;">Thank you</h3>

    <p>
        Thank you for reading the instructions. You will now participate in a quiz on the next page and will have 5 minutes
        to answer the four questions. You have to answer each question correctly in order to proceed to the next question.
        If you answer a question incorrectly, you will see a hint. At that point you wil have an opportunity to answer
        the question again. After the quiz, we will begin the first period of the experiment.
    </p>

    <br>

    <div style="text-align: center;">
        {{ next_button }}
    </div>

{{ endblock }}