game economy

[Malrubius]

Originally Posted by lyyfeleech [You must be logged in to view images. Log in or Register.]

Something is "worth" what someone is willing to pay...period.

Not exactly. I think the OP is implying price-fixing. Which does exist here (it's largely illegal in RL).


If all the gas stations in the country colluded, and agreed to charge $6 a gallon for gas, a LOT of people would still buy the gas.

Does that mean people are "willing" to pay it? Sure, I guess so.

Does that mean it's "worth" that much? It depends on your definition of "worth". But you could easily argue that it is worth it since people still buy it.

Some people would still buy it at $1000 per gallon. Still worth it? Yeah, to those people.


The OP is saying (I think) that, yeah, fbss *IS* worth 15k. But, it is ALSO an artificially inflated price.

It would even be "worth" 50k if they even more effectively cornered the market on fbss and all other comparable items.

Sincerely,
Alan Greenspan

[Dominick]

Originally Posted by Malrubius [You must be logged in to view images. Log in or Register.]

The OP is saying (I think) that, yeah, fbss *IS* worth 15k. But, it is ALSO an artificially inflated price.

The price of an item, and its worth, is decided by how much someone is willing to pay, period. There is no other consideration. If the supply doesn't keep up with demand, the price may soar. If the supply outstrips demand, the price may drop. The price doesn't have to track supply and demand.

Supply and demand may be called a law, but it isn't; it is an economic model. There is a big difference.