Quote Originally Posted by Nalien View Post
No, you obviously either are not or work for some no-name institution. Otherwise you would not be so ignorant and oblivious to simple and well known facts.
The research departments (and a high amount of other employees in any of the leading finance houses) are real scientists and not economists who wrote two exams about supply and demand bullshit which holds little merit. I highly doubt you even finished a degree considering how blind you are and how strongly you hold onto the most simple (and still, for any actual situation useless) models.

Right now there's three people calling you out on your shit and all you've offered so far was flailing with your arms like a two year old screaming no with nothing to back it up.

Edit: Using Latin won't make you look any less stupid by the way, in fact it serves the exact opposite.
Nalien, Through-out this entire thread I've been the person who's given out the most evidence and reasoning for my claims, you on the other hand have contributed the least. All you do is commit a bunch of red herring fallacies with every post: Ad hominem, Poisoning the well, abusive fallacy, and recently appeal to authority and bandwagon argument/appeal to majority. Most people believed the Earth was the center of the universe, just because you're not on the majority side does not make you wrong. Besides, you don't even count, I know you're in the same exact guild/FC with Sotek, you're just here to support your fellow guildie. Most of this thread has really just been Sotek and I, and only just recently did Kazmoto chime in.
All you do is attempt to derail any actual arguments in an attempt to discredit the opposition through an appeal to authority fallacy. But since you keep whining about it, here you go: Graduated from CA State University of Fullerton (one of the best business schools on the west coast), double major in finance and economics, graduated on dean's list, I've taken multiple econ/accounting/finance courses (even did AP Econ in highschool and scored a 4/5 on the AP exam, 3 is needed to pass), was in the finance association which is a club at Fullerton/mihaylo college of business, interned at Goldman Sachs LA branch for a year, currently working at ALM advisors which is a financial advisory firm for investments.
Though not like it matters, you'll just disregard everything as usual even though I gave you what you wanted. So since you bring it up, what about yourself? Let me guess, you're a physics major aren't you?

Quote Originally Posted by Kazamoto View Post
In Jeuno the taxes were:
Single item fee = 1% of the seller's asking price +50 gil.
Stacked item fee = 0.5% of the seller's asking price +200 gil

So if someone wanted to sell an item for 1g, it would cost them 49 to do so.

If 14's tax model followed, people wouldn't dump items on the ah for 1g, nor would they constantly adjust their price by -1g to out undercut their competitors.

And in a trial of absurdity. I dumped all by 5k of my gil into my retainer then attacked the markets. I bought anything selling for less than its npc price.

After 2 hours, i had 12k. (12-5=7k profit)

This should not work
Congratulations, what you have just described is something called a "price floor". Price floor's are used to increase the minimum price of an item above what the actual equilibrium is (but we were discussing the implications of imposing more tax). A price floor could get rid of any items that are selling for 1gil, if one is imposed it would probably be slightly lower to how much an item can be bought for from an npc, cause if i wanted cinnamon an npc can sell it for 4gil so i wouldn't want to pay any higher than that, but then there'd be a tax on the 4gil if it was set at 4, so better just get it from the npc for 4gil and no tax instead which would mean the price floor would need to be set to about 3gil for cinnamon. Though if stuff are selling for 1gil then that means there's so much supply and very little demand for it, you'll see this with very common items.

As for the profit you made in 2 hours through reselling stuff. what you did was help fix the market equilibrium. if there's a huge price gap in items, people will take advantage of it until the point that it's no longer possible, just like what i did with cinnamon. Another example would be last night, i looked up silver sharks on my servers since sotek mentioned them. There were only 6 posts of silver sharks, and only 4 of them were unique different sellers, so at least on my server it was a market with a lot of volatility because there are so few suppliers that someone can easily take advantage and single-handedly monopolize the silver shark market on my server (i did this with undyed cloth). all of the silver sharks were selling at 3,500 each except for one which was selling at 1k, I took it and resold that one for 3.4k by undercutting. in doing so im bringing an item closer to equilibrium. The faster people are able to do this, the faster prices can fix themselves from price discrepancies. the slower the market, the slower that prices are able to fix themselves from price gaps.