Basic Economics

[Haraldsson]

1) Low population
2) difficult item search

3) Retainer setup for sales is difficult

[Haraldsson]

Getting back to the list of Economic tools that need fixing in order to improve the current problems.

1) Low population
2) difficult item search
3) Retainer setup for sales is difficult
4) A price history is needed

Please give any more suggestions that you think may help.

[AngryNixon]

Getting back to the list of Economic tools that need fixing in order to improve the current problems.

1) Low population
2) difficult item search
3) Retainer setup for sales is difficult
4) A price history is needed

Please give any more suggestions that you think may help.

I don't agree with your proposed system Haraldsson but, leaving that aside for a minute, what I do agree with entirely is that low population isn't helping the situation for any system be it yours or something totally different, and that a price history is required also.

The price history however, as has been said a rare few times, is that the history should reflect what items were bought for as well as sold for. Yes that's two sides of the same coin but it makes a difference. Remember, and I can't stress this enough, that basic economics (well micro anyhow, macro is just a bunch of random stupid letters and relations...awful) is supply and demand.

If the system of putting in buy orders that currently exists is improved to the point where it's actually functional then, in theory, a disparity will exist between the price that items have sold for to people who have buy orders up to be filled and the price that items were bought for from people who have sell orders up. The two separate price histories (that better be viewable overlaid on top of each other) will show you a more fully informed price trend and at some point the two lines should come close to meeting and travel together over the course of a few years.