{% extends "global/Page.html" %}
{% load staticfiles otree_tags %}



{% block title %}
    Introduction
{% endblock %}

{% block content %}

    <p>
        You have been assigned to the <b>treatment group 3</b>!
    </p>

    <p><br></p>

    <p>
        In this treatment group there will be one {{Constants.p1}} and <i>two supermarkets</i>, i.e. <b>{{ Constants.p2 }}</b>
        and <b>{{ Constants.p3 }}</b>.
    </p>
    <p>
        Also, in this treatment group there is set a <i>common agreement</i> between the two supermarkets. This agreement
        is not binding for any participant - every participant can follow his own strategy. In this agreement the
        supermarkets declared not to accept any offer than the "common wholesale price" to force the {{ Constants.p1 }}
        to sell the wine at a low wholesale price.

    <p><br></p>

    <p>
        Here is a recap of the main information:
    </p>

    <p>
        Market situation:
    </p>
    <p style="margin-left: 20px">
        The {{Constants.p1}} can produce a bottle of wine for {{ Constants.production_cost }}.
    </p>
    <p style="margin-left: 20px">
        The Supermarkets can sell a bottle of wine for {{ Constants.market_price }}.
    </p>
    <p style="margin-left: 20px">
        The market has a fixed demand of {{ Constants.units }} units.
    </p>

    <p>
        Decision timeline:
    </p>
    <p style="margin-left: 20px">
        1. Both supermarkets will be asked about the highest wholesale price they are willing to accept
        (the other participants will not know). Here you can decide to either stick to the "common wholesale price" or
        you can also set your own wholesale boundary.
    </p>
    <p style="margin-left: 20px">
        2. The {{ Constants.p1 }} can decide to either agree on the "common wholesale price" or to propose different
        wholesale prices.
    </p>
    <p style="margin-left: 30px">
        2.1 In the case the {{ Constants.p1 }} agrees on the "common wholesale price", an agreement is reached between
        {{ Constants.p1 }}, {{ Constants.p2 }} and {{ Constants.p3 }}.
    </p>
    <p style="margin-left: 30px">
        2.2 In the case the {{ Constants.p1 }} decides to propose different wholesale prices, he will make an offer to
        {{ Constants.p2 }} first.
    </p>
    <p style="margin-left: 20px">
        2.2.1 The {{ Constants.p2 }} will decide to either accept or reject the vintners offer.
    </p>
    <p style="margin-left: 50px">
        3. In the case the {{ Constants.p2 }} rejects the vintners offer, the vintner will make an offer to
        {{ Constants.p3 }}.
    </p>
    <p style="margin-left: 50px">
        3.1 The {{ Constants.p3 }} will decide to either accept or reject the vintners offer.
    </p>

    <p>
        Results:
    </p>
    <p>
        Each players revenue and real payoff will be calculated based on the outcome of the negotiation. A short overview
        of the calculations will be displayed on the next pages.
    </p>

    <p><br></p>

    {% next_button %}

{% endblock %}