{% load otree %}
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 %}