Durzel
The Xenodus Initiative.
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Posted - 2009.04.17 11:37:00 -
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Edited by: Durzel on 17/04/2009 11:39:37
 Originally by: Mykpilot
The question I ask is how does it help the market to have buy orders below 15500 ISK? Why would a player make the decision to sell at lower price than the value he can recieve with no opportunity cost. On the flip side if the average price is 40000 ISK today, what good does it do the market to have a sell order posted for 400000000 isk, when the market is perfectly competitive?
The problem is that you are oversimplifying something which is neither simple nor in need of control.
Let's take your first question - "why would a player make the decision to sell at a lower price than the value he can receive with no opportunity cost". There can be numerous reasons why someone might want to post a "lower price than he can get". Disregarding for a moment the fact that "lower price than he can get" is an objective assessment based on the current market, perhaps that player couldn't be bothered to travel to one of the major hubs? Maybe that player just wanted to sell the item quickly at a price he/she knew would put them at the top of the pecking order? There are so many variables involved.
Then we have "what good does it do the market to have a sell order posted for 400000000 isk, when the market is perfectly competitive?". Well, items can (and do) cost differing amounts of ISK depending on where they are located, either due to the rarity of the item in that region, or whatever. Again the market really does take care of itself in this regard.
People who try and game the market by artificially inflating the price of something (beyond your ideological price ceiling) will soon find themselves with one of two things happening (or both): 1) People unwilling to pay the amount being asked and 2) Other traders willing to accept less for the item and posting a lower sell order price. In either event the organic market manages itself, prices do not stay artificially high for long simply because in a competitive market there will always be someone else out there willing to produce whatever it is you're producing for less profit.
As has been remarked to you several times - you've invented a solution to a problem that doesn't exist. The market is self-regulating.
(Teras Menac's posts really spell it out far better than I am capable of explaining it, I suggest you re-read them)
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