Market Board Modification
There is an easy way to fix the market board problem of undercutting. Convert the market board so that sale prices are not seen by the purchaser. Instead the purchaser puts a max purchase price on a item needed. If there is an item within the price range, it is bought. If there are several items in the price range than the item on the market the longest or cheapest is bought first.
Seller can only see the sale history to base the posting price for items. The seller cant see what a competitor is currently selling the same item for. There for is unable to know if they undercut or priced higher for the item. This is basically setup like how the old FFXI auction boards are setup.
By keeping item listed prices hidden and only allowing sellers and buyer to see sale histories it should minimize undercutting. Sellers can place items for sale based on trend or place it whatever price.
There will always be someone that is in a hurry or just doesn't care about the market economy. This even happened in FFXI with the infamous 1 Gil auctions.
The Market Boards can still show everything they do now, just the prices will be hidden until an item is bought and the information is placed in the sales history. Now the sales history would need to be extended past the current limited history but not by much.
What do people think about this? Likes, Dislikes?