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Supply vs. Demand - Market Place??
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Pokel
Guest





PostPosted: Mon Jan 30, 2006 05:21    Post subject: Reply with quote

I will try to explain the Situation:

Someone set a sales-offer for 50t12 at a price of 25KCr.
You set a buy-offer of 50 t12 at a price of 150KCr.
Another Player set an buy-offer of 50 t12 at aprice of 175KCr.

The other player offered more than you, so he got the deal.

Quote:
(from the Manual):
Note: The market prices are determined by supply and demand.
Example: if there is a single seller, selling one good for 100 credits, and a single buyer, paying up to 150 credits for that good, the market price will be 125, resulting in equal advantage for both seller and buyer.


He offered 175K, the sell-price is 25K, the midlle is 100K.


Thats like it is displayed in the Manual...
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Maelstroem
Commander


Joined: 30 Jan 2004
Posts: 430
Location: Munich, Germany

PostPosted: Mon Jan 30, 2006 18:12    Post subject: Reply with quote

Hi Shadowmaster,

Its just like pokel said. The "offered" price of 100k (you mentioned it) was not from another buyer, but from the cheapest seller of that good!

Fact 1:
someone OFFERED the goods for 100k
you DEMANDED them for 150k
someone else DEMANDED them for 200k

Fact 2:
the person who OFFERED the goods, did not offer enough goods (quantitative) to satisfy your and someone elses DEMAND. So, the person who DEMANDED the goods for 200k actually got them. Its some basic microeconomic market principle.

This is all the broker message says. Increase your price once again (try 250k) and you will probably get something.

Bye,
Maelstroem
_________________
Commander Maelstroem in the house Nemesis
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Agnar
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PostPosted: Tue Jan 31, 2006 07:24    Post subject: Reply with quote

Maelstroem wrote:

This is all the broker message says. Increase your price once again (try 250k) and you will probably get something.


...and you will get them for 175K.

(This sale price will be half way between your DEMANDED price (250K), and the supliers OFFEREED price (100K). Thus the actual price you pay will be lower than the 200K that someone else DEMANDED for for them).
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Shadowmaster
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PostPosted: Wed Feb 01, 2006 00:15    Post subject: Reply with quote

thank you for all your help everyone. been very helpful. and intersesting. again thank you.
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kautzinger
Guest





PostPosted: Wed Jan 03, 2007 12:30    Post subject: Reply with quote

Maelstroem wrote:

Fact 2:
the person who OFFERED the goods, did not offer enough goods (quantitative) to satisfy your and someone elses DEMAND. So, the person who DEMANDED the goods for 200k actually got them. Its some basic microeconomic market principle.

And how does the quantity affect?

player A sells 100.000 Optium
player B wants to buy 200.000 for the same price as
player C wants to buy 300.000

Do they get it 2/5 to 3/5 ? That would be:
player B gets 40.000
player C gets 60.000

Or does player C get it all since he wants more?

regards
kautzinger
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kautzinger
Guest





PostPosted: Sun Jan 07, 2007 11:10    Post subject: Reply with quote

Here's the answer:

http://www.kosmor.com/forum_int/viewtopic.php?p=63095#63095

END.
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