Market prices

[Stukonrock]

Hi I'm looking for the prices between ages. Someone in my guild is selling 200 goods from an above age and he wants400 goods from a lower age. I said that it's backwards. Isn't he supposed to give a 2/1? I think I'm correct but I'm here to find out for sure. Thank you very much

 

[Pericles the Lion]

The concept of "fair trades" is a player construct. Actually, the "market price" is whatever the market will bear (but cannot be more than 2:1 in either direction. Typically, guilds define "fair trades" as 2 of one age good for 1 of the next age good.

 

[Sharmon the Impaler]

The trade you described is a standard "fair" trade. The lower goods are double the higher era goods and they are normally 1 era apart.

 

[Stukonrock]

But he's offering 200 semiconductors for 400 ferroconcrete. It seems backwards to me.

 

[Sharmon the Impaler]

But he's offering 200 semiconductors for 400 ferroconcrete. It seems backwards to me.

200 PME era goods for 400 ME era goods. Post Modern is after Modern.

 

[Stukonrock]

I know that. But isn't he supposed pay 2 for 1? If I need 4 coffees and I offer you 2 dynamites isn't that wrong? I've always thought that I should pay 2/1 just for your experience.

 

[Sharmon the Impaler]

That would be Colonial to Progressive goods (2 era jump) . Progressive goods are worth 4X the value of Colonial goods. Hence you should be paying 4 colonial (coffee) for every 1 Progressive (explosives) good. As I stated earlier the standard "fair" trade usually means the lower era goods are double the higher era goods and they are normally only 1 era apart.

 

[Stukonrock]

Thank you! That's what I've been trying to find out. So semi conductors(post modern age) should be twice the price of ferroconcrete(modern age). Correct?

 

[Sharmon the Impaler]

Exactly

 

[Dominator - X]

Hi I'm looking for the prices between ages. Someone in my guild is selling 200 goods from an above age and he wants400 goods from a lower age. I said that it's backwards. Isn't he supposed to give a 2/1? I think I'm correct but I'm here to find out for sure. Thank you very much

The market costs are based on 3 criteria: Whatever people want, whatever people pay and whatever limits are imposed by INNO.

Typically it looks like this, based on "normal" costs to produce goods per 24 hours:
When trading up: 2:1. Meaning you will pay 2 goods for every 1 good you receive. It costs more to produce higher age goods, so it makes sense that you pay more to receive them.
When trading for the same age goods: 1:1. It costs the same to produce same age goods so it makes sense to pay the same amount to receive them.
When trading down: 1:2. Meaning you will pay 1 good for every 2 goods you receive. It costs less to produce lower age goods, so it makes sense that you pay less to receive them.

This model is based on the time when most goods were produced in cities by building goods buildings and collecting from them. Though it is only typical and not a rule, it has stood the test of time as a model.

The trade you mentioned above is pretty typical and is considered a fair trade by most.

 

[Agatha 793 the Savior]

With more players in higher ages than in the lower ones the amount of goods available is decreasing. Lower age goods now command a premium rate.

 

[Just An Observer]

I run an Abort 2000 RQ machine...my trades are always 2 for 1 in the other person's favor regardless of eras. That keeps the very large production I do on the move. All I care about is getting the goods I need and these days it is for the guild treasury.