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Originally posted by Jonny
Genghis, you may want to check your new D:S figures, I believe you have made some errors. (Be sure to look at my post above yours.)
I know, you posted while I was typing my transaction, went back and fixed it, the numbers in the chain were a little off as some people hadn't carried a number here or there.
Originally posted by notyoueither
I've been busy sleeping on the bench. Can someone explain to me what my lands have generated?
001 Apolyton N (horse, grass, rd).
Thanks.
You produce 2 food and 2 commerce a turn.
Last turn's food rotted, but you have 2 commerce in your stockpile.
Means you currently have 2 food and 4 commerce to sell.
Originally posted by Epistax
Sell them at the ending S/D, whatever it might be.
So if at the end, food is 28/43, it ends up getting sold at $65.
Okay, quick ruling on this as its come up quite often. You CAN NOW place a sell command to sell "at ending market price" (Sell 2 food at ending market price) but the Banker (currently me) takes out the greater of a $5 or 10% fee PER COMMODITY (That's $10 or 10% of sale price for two food) as a fee. That way those who actively try to guess the ending price have a chance to make a little more.
ANSWER TO FOLLOWING POST:
Originally posted by Epistax
That could really add up. What's to keep someone from siloing up say 5 food, then right before the round closes, selling them all, making everyone elses food too expensive to sell?
1. By flooding the market they would get less per food.
2. People with selling "at ending market price" would still sell there product.
3. If someone did do that it would provide great "history" for the Democracy game. "I ain't voting him in for President, he bottomed the grain market 6 years ago. "
Clarification: anything sold at ending market price in excess of demand will be stockpiled by the Government. Didn't you wonder where Government Cheese came from?
That could really add up. What's to keep someone from siloing up say 5 food, then right before the round closes, selling them all, making everyone elses food too expensive to sell?
D:S = Demand:Supply
It determines the price of a commodity (if D:S= 1, then the price of the commodity is $100).
Each time you sell something (say, food), supply gets higher, and the price drops. This price is the market price : if anyone offers an higher price than the market price, he doesn't sell.
So, making trades by the end of a turn won't change anything for your income (because anybody must adapt to the same market price), but it brings you more knowledge : you know quite precisely what the market price will be eventually, and you can get maximum money from it, while still not selling too high.
"I have been reading up on the universe and have come to the conclusion that the universe is a good thing." -- Dissident "I never had the need to have a boner." -- Dissident "I have never cut off my penis when I was upset over a girl." -- Dis
The Mustang Ranch [001], Turn 2. notyoueither
Stockpile: 0 food, 0 shield, 2 commerce
Cash $0
Dept: -$1000
___
Production this turn: 2 food, 2 Commerce
----
Deals:
Sell 2 Food @ lot's 'o cash
Have 0 Shld @
Sell 4 Comm @ even more cash
Pay off all the debt I can.
How much does that work out to?
Last edited by notyoueither; August 23, 2002, 05:01.
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Originally posted by GhengisFarb Okay, quick ruling on this as its come up quite often. You CAN NOW place a sell command to sell "at ending market price" (Sell 2 food at ending market price) but the Banker (currently me) takes out the greater of a $5 or 10% fee PER COMMODITY (That's $10 or 10% of sale price for two food) as a fee. That way those who actively try to guess the ending price have a chance to make a little more.
If I understand this correctly (it depends on how you define the ending market price, I assume here default price), the above is not a good solution. Let me give a simple example:
Food demand 15
Food supply 15
Default price $100
First guy offers 5 food at $40. Second guy offers 5 food at $30. Third guy offers 5 food at "ending market price". Final default price (=ending market price???): 15/30=$50. So third guy gets $49 as his price???? Quite unfair (unless all of us get this price as I proposed in another post)
A solution to this could be "ending market price=lowest price offered - 1$" but be carefull: Some of us (I for one) will offer 1$ if they feel this is in their interest (harming competition).
I bid $7 for one laborer to convert a shield to the beginnings of a silo. (New D:S=1:14 = $7)
The default and minimum price for labour is $100. If I understand it correctly there is no D:S in this case but you do have to bid more than the default price. Highest bidder wins.
The Mustang Ranch [001], Turn 2. notyoueither
Stockpile: 0 food, 0 shield, 2 commerce
Cash $0
Dept: -$1000
___
Production this turn: 2 food, 2 Commerce
----
Deals:
Sell 2 Food @ lot's 'o cash
Have 0 Shld @
Sell 4 Comm @ even more cash
Pay off all the debt I can.
How much does that work out to?
You do have to set a price and calculate the new default. If the price is above the final default you will not sell anything. If it is below the final default you will sell against your price unless supply by the nobles is more than demand. In that case lowest prices get priority. Hope this helps.
"I have been reading up on the universe and have come to the conclusion that the universe is a good thing." -- Dissident "I never had the need to have a boner." -- Dissident "I have never cut off my penis when I was upset over a girl." -- Dis
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