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Game of <b>Player0</b>
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<style>
    h6 {text-align: center}
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    <p style="text-align: justify;">
       <b>Player0</b> acts in the role of a firm, selling some product. The game is divided between two phases.
        The task of <b>Player0</b> is to choose a selling price in
        every period. The income that <b>Player0</b> can earn is measured in points,
        and it depends on the price that he or she chooses, and on the price of his or her opponents.
    </p>

    <p style="text-align: justify;">
        <b>Player0</b> is in a group with three other firms.
        In every period all firms simultaneously decide which selling price they set for the current period.
        Every firm has to choose an integer price between 1 and 30, extremes included. How much <b>Player0</b> earns
        depends on the price he or she chooses, and on the average price of all other firms in the group.
        The average price of the three firms that <b>Player0</b> is facing is computed as:
    </p>

    <h6>
        Average price = (Sum of selling prices of other 3 firms) / 3
    </h6>

    <p style="text-align: justify;">
        Consequently, the average price will be in the interval 1 ≤ selling price ≤ 30. The average price is rounded
        to the next integer number.
    </p>

    <p style="text-align: justify;">
        <b>Please note the following</b>: the three opponents of <b>Player0</b> are computers. These computers are programmed to pick the
        price that maximizes their earnings with respect to the price chosen by <b>Player0</b>. This information is provided
        in the table <b>Computer's price table: Phase 1</b> that you can find on your desk. This table tells you which average price will result from the three
        computerized opponents of <b>Player0</b>, given any price chosen by <b>Player0</b>.
    </p>

    <p style="text-align: justify;">
        <i>Example: if <b>Player0</b> chooses 2 as price, then the resulting average
            of the three computerized opponents will be 6.
        </i>
    </p>

    <h6>
    <img src="{{ static 'Figures/price_YY.png'}}" width='400px'/>
    </h6>

    <p style="text-align: justify;">
        In order to know the amount of points that <b>Player0</b> can earn, he or she is given an <b>Income table</b>.
        You can find the <b>Income table: Phase 1</b> on your desk.
    </p>


    <p style="text-align: justify;">
        <b>How to read the income tables</b>: the income table shows the nominal income that Player0
        can earn if he or she chooses a specific price, and a specific average price from her opponents results in a certain period.
        The actual earnings that <b>Player0</b> can earn at the end of the experiment are not based on nominal income payoff, but on real income payoff.
        The following relation between the two holds:
    </p>

    <h6>
        Real payoff = Nominal payoff / Average price of other firms
    </h6>

    <p style="text-align: justify;">
        <i>Example: Suppose that <b>Player0</b> chooses a price of 2, then realized average price of <b>Player0</b>'s opponents is 6. In this case <b>Player0</b>’s
        nominal income is 37 points. The (rounded) real income is 6 points (6.17 = 37 / 6).</i>
    </p>

    <img src="{{ static 'Figures/example_YY.png'}}" width='1000px'/>

    <p style="text-align: justify;">
        See that if you use the <b>Computer's price table</b> together
            with the <b>Income table</b>, you can find the Average price, the nominal payoff and the real payoff for any
            price Player0 can choose.
    </p>



    <p style="text-align: justify;">
        As stated above, the experiment is divided between two phases. The only difference between Phase 1
        and Phase 2 will be the tables that are used. In Phase 1 the tables are
        the ones that you have right now. After round 10 has concluded, you will be instructed on how to get the new tables.
        In Phase 2 the new tables are the only relevant ones, however you may find useful to compare the new tables to the original ones.
        <b>Player0</b> has to pick a price for all 20 periods. With these tables <b>Player0</b> has all the needed information to play the game.
    </p>

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