{% load otree %}
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        <p>
            After Owners have performed their two jobs, Buyers will view each Owner’s <strong>prediction</strong> of how much her or his asset will increase or decrease in value. Buyers will also see the previously described <strong><i>accuracy information</i></strong> related to each Owner’s <strong>predictions</strong> in <i><u>previous</u></i> rounds.
        </p>
        <p>
            After Buyers have reviewed this information, each Buyer will enter a <strong>bid</strong> to “win” <strong>a share</strong> of each Owner’s asset. <strong><u>Shares are worth 50% of the asset’s final value.</u></strong> Recall that the asset’s final value can be anywhere between 0 points and 300 points. Therefore, the value of a share can be anywhere between 0 points and 150 points. <strong>Buyers can bid any amount between 0 points and {{C.BEGINNING_ASSET_VALUE}} points.</strong> The Buyer making the highest bid for each given asset will “win” that asset. 
        </p>
        <p>
            It is <strong>not</strong> required for Buyers to have the points necessary to place a bid. Instead, Buyers can <strong>always</strong> bid up to 150 points on each asset. The amount bid will be automatically offset by the actual final value of one share of the asset. In other words, the Buyer with the highest bid will earn an amount of points equal to the difference between the final value of the share and the amount bid.
        </p>
        <p>
            For example:
            <br>• If the winning Buyer bids 100 points and the <strong>share</strong> ends up being worth 120 points (i.e., the final value of the <strong>asset</strong> is 240 points), the winning Buyer will <strong>earn</strong> 20 points. 
            <br>• If the winning Buyer bids 100 points and the <strong>share</strong> ends up being worth 80 points (i.e., the final value of the <strong>asset</strong> is 160 points), the winning Buyer will <strong>lose</strong> 20 points. 
            <br>• Buyers who do not “win” the share will not earn (or lose) any points. 
        </p>
        <p>
            Even if some Buyers end up with a negative number of points at the end of the experiment, a higher points total still results in a higher payment (as described in more detail later). 
        </p>
        <p>
            Because the market has <strong>three</strong> Owners, there are always <strong>three shares</strong> available for Buyers to bid on in each round (i.e., one asset from each Owner). A single Buyer can “win” the bid for more than one asset. Therefore, it’s possible for one Buyer to win all three shares in a given round if s/he is the highest bidder on all three assets. 
        </p>
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