{% load otree %}
You have been assigned to the role of an Owner. Specifically, you are {{player.Initial_Role_2}}.
Recall that you and the other Owners perform two jobs:
(1) Make a choice that will influence your asset’s final value. This choice influences how much the asset’s value will increase or decrease from its initial value of 150 points.
(2) Make a prediction about how much the asset’s value will increase or decrease from the initial value of 150 points.
After all three Owners have performed these two jobs, Buyers will view each Owner’s prediction of the change in his/her asset’s final value.
Because shares are worth 50% of each asset’s final value, Buyers may bid anywhere from 0 points to 150 points on each of the three assets. The Buyer with the highest bid on each asset will receive 50% of the asset’s final value minus the amount of the bid.
Finally, recall that you will earn points based on the amount of the winning bid for your asset. Regardless of how much your asset is actually worth, you earn more points if Buyers make higher bids for your asset.
The practice round is about to start. Please click "Next" to start the practice round.