Welcome to the Experiment
You have been assigned the role of:
{{ role }}
Please read the instructions carefully before proceeding.
{% if role == "Buyer" %}
Buyer — Key Points:
- You negotiate with the seller using a blue slider (seller's is red).
- Bargaining lasts 90 seconds. A deal is made if your slider meets or crosses the seller's.
- In the first 45 seconds you can invite the expert for an appraisal (costs 5 lab points).
- You are paired with the same expert for all 20 rounds.
{% elif role == "Seller" %}
Seller — Key Points:
- You negotiate with the buyer using a red slider (buyer's is blue).
- Bargaining lasts 90 seconds. A deal is made if the buyer's slider meets or crosses yours.
- The buyer may invite the expert in the first 45 seconds — you pay nothing for this.
- You are randomly rematched with a new buyer each round.
{% else %}
Expert — Key Points:
- Before bargaining starts, you submit an appraisal based on your 10-number range.
- The buyer decides during bargaining whether to invite you (first 45 seconds).
- You earn 5 lab points if invited, 0 if not.
- You are paired with the same buyer for all 20 rounds.
{% endif %}
{{ next_button }}
{{ endblock }}