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


{% block title %}
    Instructions
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<p>During the course of this study, you will be asked what is your minimum acceptable payoff to get different items.
On this page, you will learn how to go through this process, with illustrations.
    It is important you understand these instructions, so please take your time.
</p><ul>
  <li>The computer will make you an offer. An offer is composed of two elements: an item & a payoff.</li>
    <li> The items offered will be specified at a later stage, for these instructions we use "item 1, item 2, item 3,..."</li>
    <li> You might find the item desirable or undesirable.</li>
    <li> The payoff is a number of points. The computer selects the payoff randomly between -75 and +75 points.</li>
<!--  <li>An offer with a negative payoff (i.e. "item 1 & -50 points") implies you "pay" for getting the item if the offer is accepted.</li>
    <li>An offer with a positive payoff (i.e. "item 1 & +50 points") implies you "get paid" for getting the item if the offer is accepted.</li>-->
    <li>Before seeing the offer, you must select the minimum acceptable payoff "x" to get the item.</li>
    <li>If the payoff selected by the computer is larger or equal to "x", the offer is accepted. You then get the item and the payoff selected by the computer.</li>
    <li>If the payoff selected by the computer is smaller than "x", the offer is refused. You do not get the item and do not get the payoff.</li>
    <li><b>Interpretation:</b> Selecting a negative minimum acceptable payoff means that you want the item and are also ready to pay for it.
    Selecting a positive minimum acceptable payoff means you do not want the item, but would accept to get it if you were paid sufficiently for it.</li>
    <li>Importantly, the payoff that the computer selects for the offer does not depend on your choices.
        Hence, you cannot influence the offer that the computer makes for you.
        You can only decide which offers you will accept and which you will not.</li>
</ul>

    <u><b>Illustration 1: " For item 1, participant chooses -50"</b>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u></b><br></p><p>
</p><ul>
    <li>Consider item 1. </li>
  <li>Participant wants item 1. He is ready to pay up to 50 points to get it.
      <li>In other words, the lowest offer he would accept is "item 1 & -50 points". </li>
    <li>Participant thus selects a minimum acceptable payoff of -50 for item 1. </li>


        </p><div style="text-align: center; margin: 40px 0">
  <img src="{% static 'snew_ex.png' %}" width="600" alt="example">
</div><p>
    <li> <u>If the computer selects a payoff smaller than -50, to the left of the participant's choice, the offer is refused.</u><p></p>
        For example, if the computer randomly selects -58: the offer is "item 1 & -58 points".
    This offer is lower than the participant's minimum acceptable payoff. The offer is refused.
       Participant does not get item 1 and does not get a payoff.</p></li>
    <li><u>If the computer selects any payoff larger than -50, to the right of the participant's choice, the offer is accepted.</u><p></p>
    <p> For example, if the computer randomly selects +30: the offer is "item 1 & +30 points".
        This offer is larger than the participant's minimum acceptable payoff. The offer is accepted.
        Participant gets item 1 and gets 30 points.</p>
        <p> Another example, if the computer randomly selects -30: the offer is "item 1 & -30 points".
        This offer is larger than the participant's minimum acceptable payoff. The offer is accepted.
        Participant gets item 1 and loses 30 points.</p>
    </li>
</ul>
The illustration below summarizes the situation when participant chooses -50.
    </p><div style="text-align: center; margin: 40px 0">
  <img src="{% static 'snews_ex1.png' %}" width="650" alt="example">
</div><p>

    <u><b>Illustration 2: "For item 2, participant chooses +50"</b>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u></b><br></p><p>
<ul>
  <li>Consider item 2.</li>
    <li>Participant does not want item 2. He would only accept it if he got a minimum payoff of +50 to get it. </li>
        <li>In other words, the lowest offer he would accept is "item 1 & +50 points". </li>

    <li>Participant thus selects a minimum acceptable payoff of +50 for item 2.</li>
    </p><div style="text-align: center; margin: 40px 0">
  <img src="{% static 'snew_ex2.png' %}" width="600" alt="example">
</div><p>
    <li> <u>If the computer selects any payoff smaller than +50, to the left of the participant's choice, the offer is refused.</u><p></p>
        <p>For example, if the computer randomly selects  -30: the offer is "item 2 & -30 points".
            This offer is lower than the participant's minimum acceptable payoff.
            The offer is refused. Participant does not get item 2 and does not get a payoff.</p>
    Another example, if the computer randomly selects +30: the offer is "item 2 & +30 points".
        This offer is lower than the participant's minimum acceptable payoff.
        The offer is refused. Participant does not get item 2 and does not get a payoff.</li><p></p>
<li><u>If the computer selects any payoff larger than +50, to the right of the participant's choice, the offer is accepted.</u>
    <p> For example, if the computer randomly selects +58: the offer is "item 2 & +58".
        This offer is larger than the participant's minimum acceptable payoff. The offer is accepted.
        Participant gets item 2 and gets 58 points.</p>
    </li>
</ul>
The illustration below summarizes the situation when participant chooses +50.
 </p><div style="text-align: center; margin: 40px 0">
  <img src="{% static 'snews_ex3.png' %}" width="600" alt="example">
</div><p>
    <u><b>Summary</b>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</u></b><br></p><p>
<ul>

    <li>If an offer is refused, you do not get the item and do not get the payoff.</li>
    <li> If an offer is accepted, you get the item and the payoff selected by the computer.</li>
    <li> An offer to the left of (smaller than) the minimum acceptable payoff you select will be refused. </li>
    <li>An offer to the right of (larger than) the minimum acceptable payoff you select will be accepted.</li>
    <li>The more negative payoff you select, the more you want (are ready to pay) to get an item. </li>
    <li>The more positive payoff you select, the more you do not want (must be paid) to get an item.</li>
    <li>With your choices, you can not influence the payoff that the computer selects. </li>
    <li>By selecting your minimum acceptable payoff, you only select an acceptable range of payoffs. </li>
    <li>The computer selects the actual offered payoff at random.</li>
    <li>If you select -75, at the extreme left, you are sure to accept the offer and get the item (with a negative or positive payoff that will be determined by the computer).</li>
    <li>If you select +75, at the extreme right, you are sure to refuse the offer, to not get the item and to not get the selected payoff.</li>
</ul>

    If you are confident that you have understood these mechanics, please move on to the next page.
If not, please go through this page again. There are control questions on the next page.
<p></p>
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