{% extends "global/Page.html" %}
{% load otree %}

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

<img src="{% static 'karma/figures/karma_logo.png' %}" alt="KARMA" style="float:right;height:135px;"/>

<p>
    Welcome to the karma interaction!
</p>

<p>
    In many Asian traditions, karma is symbolized by the lotus flower and represents the idea that your actions
    today will have consequences for tomorrow.
</p>

<p>
    Inspired by this, the karma interaction is a new priority scheme that is meant to provide fair access to shared
    resources.
    Here is how it works:
<ul>
    <li>Initially everyone gets the same amount of karma points.</li>
    <li>Over multiple rounds, you will compete with a randomly matched opponent over prioritized access to a shared
        resource.
    </li>
    <li>In every round both you and your opponent place a sealed karma bid.</li>
    <li>The highest bidder gets priority to the shared resource but loses karma in return.</li>
    <li>The lowest bidder does not get priority but gains karma for future rounds.</li>
    <li>If you succeed in getting priority your score increases, otherwise it does not increase.</li>
    <li>Your final score will be converted to a payment as explained below.</li>
</ul>
</p>

<p>
    Beware! You do not always have the same need for the shared resource.
    Your <b>urgency</b> changes randomly every round and affects how much your score increases by.
    Because you will eventually run out of karma if you keep on bidding high, you must learn to spend your karma wisely!
</p>

<p>
    In total the experiment will last up to <b>40 minutes</b>.
    You will receive a <b>base payment</b> of ${{base_payment}} for completing the experiment.
    In addition, you will receive a <b>bonus payment</b> that depends on your performance:
<ul>
    <li>If you do not actively play, you will be dropped out after {{dropout_count}} rounds of inactivity and receive no
        base or bonus payment.
    </li>
    <li>If you play randomly, the expected bonus will be ${{bonus_payment_random}}.</li>
    <li>If you play seriously, you should be able to achieve a bonus of ${{bonus_payment_average}}.</li>
    <li>If you play very well, you can achieve a bonus of up to ${{bonus_payment_max}}.</li>
</ul>
</p>

<p>
    We live in a world of finite shared resources, examples of which are abundant in our daily lives.
    One such example could be a priority road that is kept free of congestion to get commuters to
    work faster during the rush hour, similar to toll roads.
    In this context, the karma interaction could be thought of as a fair way to regulate access to the priority road,
    instead of using money which tends to favor the wealthy.
</p>

{% next_button %}

{% endblock %}