{% extends "global/Page.html" %}
{% block title %}Intro{% endblock %}
{% block content %}

    <p>
        Hello and welcome! This game is called Second-Price Sealed Bid Auction.
        <br><br>
        The game rules are the following:
        <br>
        - There will be a total of {{ Constants.num_rounds }} rounds and {{ Constants.players_per_group }} players per group.
        <br>
        - The groups will be the same for the first half of the experiment, and reshuffled for the second half.
        <br>
        - At each round, each player will submit a bid.
        <br>
        - At each round, each player will have a unique randomly assigned value for the bid, known only to him/herself. You should not bid any higher than your given value for the round.
        <br>
        - The second highest price will be the winning price for each round, but the player with the highest bid
        will be the winning player.
        <br>
        -The winner's payoff will be his/her value of the bid - the second highest bid.
        <br><br>
        Good luck!
    </p>



    {% next_button %}

{% endblock %}