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    Instructions for <b>Player1</b>
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<style>
    h6 {text-align: center}
</style>

    <p style="text-align: justify;">
        <b>Player1's task in each round is to guess the average price of the market where Player0 played.</b>
    </p>


    <p style="text-align: justify;">
        <u>Note: you are asked to guess the overall average price, hence the average
        between the price of <b>Player0</b> and the three computers that
        <b>Player0</b> is facing.</u>
    </p>


    <p style="text-align: justify;">
        Say for example that you think that <b>Player0</b>
        is going to choose a price of 1, then the average price of the computers is going to be 6. Therefore,
        the resulting average price of the market would be:
    </p>


    <h6>
        <b>Average market price</b> = (Price from Player0 + 3 * Average price from computers ) / 4
    </h6>

    <h6>
        <b>Average market price</b> = (1+3 * 6) / 4 = 4.75
    </h6>


    <p style="text-align: justify;">
        Your task at each round is to guess the <b>Average market price</b>. Once you have computed it using the calculator,
        you have to round it up and input the closest integer. Following the previous example, if you think that
        the Average market price will be 4.75, you have to input 5.
    </p>


    <p style="text-align: justify;">
        However,
        note that you do not get to observe the realized Average market
        price until the round is over. Hence, you have to form a guess
        about the realized Average market price.
        At the end of each round, the realized Average market price is
        communicated, rounded to the closest integer.
    </p>


    <p style="text-align: justify;">
        <b>Payment</b>: in each round you can either win a bonus of <b>7.00 €</b>, or nothing. At the end of the experiment the computer
        will randomly select only one round of the game to determine your final earnings.
        If you won the bonus in that round,
        your total earnings will be <b>10.00 €</b>, otherwise you will be paid only the participation fee of <b>3.00 €</b>.
    </p>

    <p style="text-align: justify;">
        As <b>Player1</b>, at each round, you are asked to pick a
        number between 1 and 30, that represents your guess about
        the Average market price. The computer transforms your choice into
        a decimal number. Say for instance you choose a price of 1, the
        computer turns it into 1/30 = 0.03. Then the computer takes the
        realized <b>Average market price</b> (the one that you are trying to guess),
        and does the same. Say for instance that the realized Average
        market price is 5, then it is transformed into 5/30 = 0.17. Your
        choice determines your penalty index of the task according to the
        following formula:
    </p>


    <h6>
        Penalty Index = (Transformed Choice - Transformed Average Market Price )&#xB2;
    </h6>


    <p style="text-align: justify;">
        The closer your guess is to the actual Average market price is, the lower
        your penalty index will be. <b>The lower your penalty index, the higher the probability that you win the bonus of 7.00 €</b>.
    </p>


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