The $Mini-Game BETA: Join, bid, play

[Kramerman]

Those jungle tiles are just being bought up! I guess there are those who are into the long term investment stuff . This will add an interesting side to the game, as those people try to lobby the public works minister to order the developement of their tile in order to hasten their return on their investment....heh...interesting Real Life sim...

[Epistax]

Let's try this again

009: $350
012: $250
Total: 600



BOTH tiles

[Captain]

Originally posted by Kramerman
Those jungle tiles are just being bought up! I guess there are those who are into the long term investment stuff . This will add an interesting side to the game, as those people try to lobby the public works minister to order the developement of their tile in order to hasten their return on their investment....heh...interesting Real Life sim...

that's the idea!
but it's more likely they'll try to seek out good land ops elsewhere rather than fruitlessly lobby the PW minister (who will likely have his own "bigger picture" plans).

i wonder if even the beta testers will become similar to the "old money" club in the full game. I can just see it now.. Kman resents new upstart millionaire Bubba... just because Bubba can buy Kman's estate ten times over doesn't mean Kman's going to let him join the country club...

[Captain]

Originally posted by GhengisFarb


I'm not sure as I'm not completely clear on what formula the Market Assesor is supposed to use......

Should the Market Assessor be allowed to participate in the game since they are the one setting the prices?

Yes. Because there is little to no chance of the Assessor being corrupt. Each Assessment is subject to audit by any citizen who can point out errors and wants to bother double-checking. An Assessors who keeps making errors isn't likely to get compensated as well as one who does it right.

The Assessor does the following:

1) Takes the most recent save and looks at it.

2a) Determines Base Food Demand (# heads in region * 2)

2b) Determines Base Food Supply (Sum of food from tiles worked.)

3a) Determines Base Shield Demand (Shield Demand: # shields produced in all cities in region minus waste).

3b) Determines Base Shield Supply (Sum of shields from worked tiles)

4a) Determines Base Commerce Demand (Sum of commerce in all cities in region minus corruption)

4b) Commerce Supply (Sum of all commerce in region)


5) Write down the basic Demand:Supply ratio for each commodity. D:S.

6) Counts heads of pop to determine total available labour.


*Notice that for shields and commerce, the difference between Demand and Supply is equal to the amount of waste and corruption. Therefore, more "waste" and "corruption", the lower your profits (since demand goes down). In this Beta, we treat waste as a blackmarket where consumers buying cheap illegal goods reduces their demand for your legitimate products.


Remember, Commodity prices depend on the base rate, and Supply & Demand. The default market Prices are increased or decreased by the ratio of Demand:Supply. The base rate for each commodity, including labour is $100.


That's the END of the Market Assessor's job. What happens next is too much for him to track. Each trader tracks from there in succession. It's easier to understand if I give an example.


EXAMPLE TRADES THREAD
---
As people put their offers on the market, they increase D or S.
Example: Assuming Food D:S = 17/20= $85, Shield D:S=9/10 = $90, Commerce D:S =10/11=$92. A sample offer should have a form similar to this:

Lord Aggie
Sale
2 Food @ $77, 1 Commerce @$83
Buy
3 Shields @$120 each

Food D:S=17/22=$77
Shield D:S = 12/10 =$120
Commerce D:S = 10/12 =$83

And the next person to post an offer would do this:

Duke Epistax
Sale
1 Food @ $74, 1 Commerce @$77
Buy
2 Shield @$140 each

Food D:S=17/23 = $74
Shield D:S = 14/10 = $140
Commerce D:S =10/13 = $77

As more people put their offers out there and adjust them to each other, the prices will fluctuate until the time is up. do not edit your posts, Just post new ones, revising your old offers. This will make sure the most recent post has the current D:S.

Seeing as how the first poster would lose out (he has the highest sale prices, even above default, that means he won't be able to sell them), he'll need to repost his offer. Since he anticipates his rivals will try to undercut him, he puts his offers where he thinks they won't bother undercutting. In this case, since no one else is buying shields, and there is enough shields for both of them to buy, he doesn't need to go above default price.

Lord Aggie
Sale
2 Food @ $65, 1 Commerce @$70
Buy
3 Shields @$140 each

Food D:S=17/23 = $74
Shield D:S = 14/10 = $140
Commerce D:S =10/13 = $77

Followed by Epi's response. Note he doesn't bother with the commerce side. He doesn't want to sell at too low a price. He figures if it doesn't sell, it'll stockpile. Maybe in the future it'll be worth more. Otoh, food spoils. Better sell it for anything.

Duke Epistax
Sale
1 Food @ $60, 1 Commerce @$77
Buy
2 Shield @$140 each

Food D:S=17/23 = $74
Shield D:S = 14/10 = $140
Commerce D:S =10/13 = $77

Ideally, everyone would post once their initial offers, and then everyone would post a second time to revise their prices. In actuality, it'll be more chaotic and more "market" like. Sure Epi could have tried to sell food at $64, just a dollar lower than Aggie, but that's a waste of time. Aggie might just post a dollar lower and epi would have to respond. Instead Epi just goes as low as he is willing and bets that Aggie won't go lower. (at the start of this game, no one can stockpile food so i foresee very low food prices!).

Makes sense? I'm not 100% sure about how well this will work, but we'll find out. I'm not confident my assumptions as to what will happen are true, that's why we're having this beta. Please don't get discouraged if I mess things up!

Feel free to point out flaws and suggest changes. .I just want it to work well and be fun.

[Captain]

oh yeah, I know I'm the government, so I probably shouldn't bid now. But if it's not too much of a conflict of interest, I'll bid $1500 for BHQ W.

[Captain]

One more thing...

I just realized, we could use a BANKER.
At the end of the turn, the banker goes through the trade thread and figures out which deals went through. Obviously, a tough job, so I foresee the Banker (and his helpers) making a HUGE profit in commissions.

[Spiffor]

Captain :
As you can imagine, I agree with the banker idea

Ghengis :
I withdraw my bid on tile #4, and I put a £1200 bid on tile #3b (roaded Forest W of 'Poly)

[Kramerman]

£1200 bid

That little thingy, dollar sign... its all good

[Captain]

10) Revised Basic Buildings List:

because of questions and suggestions received

Silo (10 shields): Allows stockpiling up to 20 food.
Warehouse (10 shields): Allows stockpiling 20 items total of either shields or commerce.
Inn (40 shields): Converts 1 food and 1 merchandise into cash for 150% of the market price per turn*.
Shop (50 shields): Allows you to sell up to 3 commerce per turn for 20% more*.
Workshop (50 shields): Allows you to hire up to 3 labourers per turn for 20% less than the current rate*.
Bank (100 shields): Allows the owner to LEND and store CASH, in addition to the regular commissions earned as described in post above.
House: Houses are built in increments of 10 shields per level of splendour. Increases Property Value of tiles. Can be mortgaged for cash if a banker is willing.


*Means you post prices and offers in accordance with the rates, but if your deal goes through, at that time, you add your bonuses.

[Kloreep]

I bid $1400 on 006 Apolyton NW11.

[Spiffor]

Originally posted by Kramerman

That little thingy, dollar sign... its all good

I prefer £. ou know... It looks like an "L", like "Lyton". And I bet it's on your keyboard as well.

[DAVOUT]

Captain,

I am sorry that you want to beta test an idea of the market which is wrong in all respects. But as one says in those cases, it just a game ! :

[Franses]

OK, Kloreep. I give up.

I bid $1100 on 002 Apolyton NE

[GhengisFarbâ„¢]

Here are the current lands on AUCTION and the minimum/current bids:

NOTE: I renamed the 3's: 3a and 3b.
Currently winning bidder in bold green.

001 Apolyton N (horse, grass, rd), $1000
....$1000...NYE
002 Apolyton NE (mined grass rd), $1000
....$1100...Franses
....$1000...MrWIA
003a Apolyton SW (forest, rd), $1200
....$1200...Jonny
003b Apolyton W (forest, rd), $1200
....$1200...Spiffor
004 Apolyton NW (grass), $500
....$525...GhengisFarb
005 Apolyton NW10 (mined forest rd), $1200

006 Apolyton NW11 (mined grass rd), $1000
....$1400...Kloreep
....$1320...Darth Viper

007 Apolyton NW12 (mined grass rd), $1000

008 Apolyton NE1 (mined grass rd), $1000
....$1000...civman2000
009 Termina N (jungle), $200
....$500...Epistax
....$450...GhengisFarb
010 Termina NE (mined grass rd), $1000
011 Termina E (mined grass rd), $1000
....$1020...Rendelnep
012 Termina NW (jungle), $200
....$250...Epistax
013 Termina NE1 (jungle), $200
....$250...UnOrthOdOx
014 Termina NE2 (jungle), $200
....$200...UnOrthOdOx
015 Termina NE3 (jungle), $200

016 Tassagrad N (mined grass rd), $1000

017 Tassagrad NE (jungle), $200

018 Tassagrad SE (jungle), $200
....$200...Sheik
019 Tassagrad S (grass rd, mine?), $1000

020 Tassagrad SW (mined grass rd), $1000

021 Tassagrad W (jungle), $200
....$200...Shiek
022 Tassagrad NW (jungle), $200

023 Tassagrad NW10 (jungle), $200
....$250...jdd2007
024 Tassagrad NW11 (jungle), $200
....$250...jdd2007
025 Tassagrad NW12 (jungle), $200
....$250...jdd2007
026 BHQ N (mountain), $200
....$225...GhengisFarb
027 BHQ NE (jungle), $200
....$225...GhengisFarb
028 BHQ S (jungle), $200

029 BHQ SW (mined grass rd river), $1500
....$1500...Kman
030 BHQ W (mined grass rd river), $1500
....$1500...Captain
031 BHQ NW (mined grass river), $1500

[GhengisFarbâ„¢]

Originally posted by Captain
One more thing...

I just realized, we could use a BANKER.
At the end of the turn, the banker goes through the trade thread and figures out which deals went through. Obviously, a tough job, so I foresee the Banker (and his helpers) making a HUGE profit in commissions.

This would be a better job for me, as I might not have access to Civ3 for 4-5 weeks but would still be able to access the forums. If there are no takers , we could work the Market Accessor together for awhile.

Originally posted by Spiffor
I prefer £. ou know... It looks like an "L", like "Lyton". And I bet it's on your keyboard as well.

I don't live in Europe, so I don't have the "squiggly L".