{% load otree %}

Summary of the Instructions

You are the owner of the company and you have to design the contract which consists of three components: the fixed wage payment (between {{ Constants.wage_min }} and {{ Constants.wage_max }}), the expert's return share (between 0% and 100% in multiples of 10%), and and the desired effort-level (non-binding).

If the expert rejects your contract, she earns {{ Constants.outside_option }} while you earn nothing. If the expert accepts your contract, she chooses her effort level.

If the expert accepts your contract, your earnings as the owner of the company will be: Earnings = (100% - expert's return share in %) x (total return) - fixed wage payment.

The following table contains the costs and the total return from the expert's effort: {% include Constants.overview_table %}