{% extends "global/Page.html" %} {% load otree %} {% block title %} Make a bid in Period 2 {% endblock %} {% block content %}

The seller knows:

There is 50 % chance that your value is 2 points;
There is 25 % chance that your value is 4 points;
There is 12.5 % chance that your value is 8 points;
There is 6.25 % chance that your value is 16 points;
There is 6.25 % chance that your value is 32 points;
The robot seller will based on those information set a secret price.

Only you know:

The value of the item for you in this period is {{player.value_2}}.
You have to make a bid.

About lucky buyer:

You have 50% chance to be the lucky buyer. Then you can redeem the membership fee you paid.
Otherwise you can not get the membership fee back.
Whether you are lucky buyer or not, you can get the item only if your bid is not less than the secret price.
You need to pay the secret price.

How much will you bid in this period?

{% formfields %}

{% next_button %}

{% include Constants.instructions_template %} {% endblock %}