In this game, you will participate in an auction for a prize against {{num_bidders}} other bidders. You will play this game for {{n}} rounds.
At the start of each round, bidders will see their value for the prize, randomly drawn between $0 and ${{private}}, with all values equally likely.
After learning your value, you will submit a bid privately at the same time as the other bidders. Bids must be between $0 and ${{private}} in ${{increment}} increments.
The highest bidder wins the prize and pays the third-highest bid. If you win, your earnings will increase by your value for the prize, and decrease by the third-highest bid. If you don't win, your earnings will remain unchanged. If there are less than three bids, no one will win the auction.
After each auction, we will display all bids and the winner's profits. Ties for the highest bid will be resolved randomly.