{% extends "global/Page.html" %}
{% load otree %}

{% block title %}Bid{% endblock %}

{% block content %}

<p>
    Your own value of the object is {{ player.item_value_estimate }}.
</p>

<p>
    Please make your bid now. The amount can be between {{ Constants.min_allowable_bid }} and {{ Constants.max_allowable_bid }}, inclusive.
</p>

{{ formfields }}

{{ next_button }}

<b>Instructions:</b>
In this auction each player will be given a randomly generated number which is their own valuation of an object which is being sold. This valuation lies within the range from 0 to 1000 inclusive. After that you are required to submit your bid for this object. Your bid can be only positive and not higher than 10000. All the bids are collected privately and no one knows anyone's else bid unless the auction is finished. 

The winner of the auction is the person with the highest bid*. The winner have to pay an amount of money which is randomly selected from all other bids of other players.

*In case there are several equal highest bids, the winner is selected randomly.

{% endblock %}