from otree.api import * c = cu doc = '\n2 firms complete in a market by setting prices for homogenous goods.\nSee "Kruse, J. B., Rassenti, S., Reynolds, S. S., & Smith, V. L. (1994).\nBertrand-Edgeworth competition in experimental markets.\nEconometrica: Journal of the Econometric Society, 343-371."\n' class Constants(BaseConstants): name_in_url = 'bertrand' players_per_group = 2 num_rounds = 1 maximum_price = cu(100) instructions_template = 'bertrand/instructions.html' class Subsession(BaseSubsession): pass def set_payoffs(group): import random players = group.get_players() group.winning_price = min([p.price for p in players]) winners = [p for p in players if p.price == group.winning_price] winner = random.choice(winners) for p in players: if p == winner: p.is_winner = True p.payoff = p.price else: p.is_winner = False p.payoff = c(0) class Group(BaseGroup): winning_price = models.CurrencyField() class Player(BasePlayer): price = models.CurrencyField(doc='Price player offers to sell product for', label='Please enter an amount from 0 to 100 as your price', max=Constants.maximum_price, min=0) is_winner = models.BooleanField() class Introduction(Page): form_model = 'player' class Decide(Page): form_model = 'player' form_fields = ['price'] class ResultsWaitPage(WaitPage): after_all_players_arrive = 'set_payoffs' class Results(Page): form_model = 'player' page_sequence = [Introduction, Decide, ResultsWaitPage, Results]