{% extends "global/Page.html" %} {% load otree %} {% block title %} Trial: Investment decision {% endblock %} {% block content %} {% include Constants.instructions_template %}
This is a trial. Your decisions have no consequences for your payoff. In this trial, you have unlimited time to get familiar with the task.
NOTE: The underlying relation between expert expectations and stock payoff are different from those in subsequent payoff relevant rounds.

Experts' expectations about the stock's payoff for this round

Expectation expert 1	Expectation expert 2	Expectation expert 3	Expectation expert 4
High payoff	High payoff	High payoff	Low payoff

Your decision
Please decide whether you want to invest in the bond, or the stock.

Note:
In case the stock yields the high payoff, investing into the stock is the income maximizing choice.
In case the stock yields the low payoff, investing into the bond is the income maximizing choice.

You have up to 120 seconds to make a choice.
If you do not make a choice until then, you will automatically invest into the bond.

{% formfield player.trial_1 %}

Results previous rounds

Round	Expectation expert 1	Expectation expert 2	Expectation expert 3	Expectation expert 4	Stock's actual payoff
1	High payoff	Low payoff	High payoff	High payoff	Low payoff
2	High payoff	Low payoff	Low payoff	Low payoff	High payoff

After you have made your decision, click on the "Next"-Button.
Note: You can only proceed after all other participants have made their choice as well.
Please be patient, in case you have to wait.

{% next_button %} {% endblock %}