{% load otree %}
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    <div class="card-body">
    <p>
    The three Buyers within the same market will then complete the <strong>second</strong> part of the experiment and bid on each Owner’s asset. 
    </p>
    <p>
    In each round, Buyers start with <strong>450</strong> points and can bid anywhere between <strong>0</strong> points and <strong>150</strong> points on each Owner’s asset.
    </p>
    <p>
    The Buyer who makes the highest bid on an asset will earn points equal to the value of that asset (i.e., either 50 points or 150 points). The amount the winning Buyer bids for that asset will be deducted from their beginning balance of points. 
    </p>
    <p>
    The amount that a Buyer bids on an asset will only be deducted from a Buyer’s beginning balance of points if they are the highest bidder on an asset. It is possible for a single Buyer to have the winning bid on anywhere between 0 and all 3 of the assets in each round.
    </p>
    <p>
    Therefore, a Buyer’s total points for a given round can be summarized as:
    </p>
    <p>
    <img src="{% static "HMV/buyer.png" %}"/> 
    </p>
    <p>
    If two or more Buyers bid the same amount on a given asset, only one Buyer—determined at random—will be designated as the Buyer with the highest bid.
    </p>
    </div>
</div>