{% load otree %}
In each round, each Owner makes a choice that influences the likelihood as to whether their asset’s value will be either 50 points or 150 points.
Owners can choose one of three likelihoods: LOW, MEDIUM, or HIGH.
If an Owner chooses the LOW likelihood:
• The asset will have a 10% chance of being 150 points, and
• The asset will have a 90% chance of being 50 points.
If an Owner chooses the MEDIUM likelihood:
• The asset will have a 50% chance of being 150 points, and
• The asset will have a 50% chance of being 50 points.
If an Owner chooses the HIGH likelihood:
• The asset will have a 90% chance of being 150 points, and
• The asset will have a 10% chance of being 50 points.