tag:blogger.com,1999:blog-8930529650384824164.post5542304345339827197..comments2023-05-07T08:36:04.125-06:00Comments on Merchant Monarchy: Market Price History AccuracyMoxNixhttp://www.blogger.com/profile/12407914481361718041noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8930529650384824164.post-39805958903434432492014-08-19T12:01:21.852-06:002014-08-19T12:01:21.852-06:00Send an in game mail to Moxnix Induli with more de...Send an in game mail to Moxnix Induli with more details about what you have in mind and we can arrange something from there.MoxNixhttps://www.blogger.com/profile/12407914481361718041noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-20504888791482308312014-08-18T10:33:31.509-06:002014-08-18T10:33:31.509-06:00Hey mate
what is the best way to contact you?
we w...Hey mate<br />what is the best way to contact you?<br />we would like to talk to you about economy design for the upcoming Naval Action age of sail sandbox<br />www.navalaction.comMZhttps://www.blogger.com/profile/18243330201359280738noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-79173964699588143622014-08-18T06:37:25.942-06:002014-08-18T06:37:25.942-06:00The market history excludes some outliers from the...The market history excludes some outliers from the price range. For example, if you sell a piece of ammo for 1b isk it will not display that as it's vastly outside the confidence intervals. The highest price accounts for the usual range that most buy orders actually sold at, and the lowest price is the lowest buy order (within reasonable interval) fullfiled. <br /><br />I'm pretty the 'highest' and 'lowest' prices are also just an average of the few highest values within that confidence interval. <br /><br />Perhaps the history manipulation you speak of has something to do with the way the system decides to ignore some of the highest priced offers or simply calculate averages between the few highest ones.jstkhttps://www.blogger.com/profile/13189193221678685401noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-2778507549201534232014-08-18T06:33:42.094-06:002014-08-18T06:33:42.094-06:00This comment has been removed by the author.jstkhttps://www.blogger.com/profile/13189193221678685401noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-29701958700016828372014-08-16T12:19:49.212-06:002014-08-16T12:19:49.212-06:00Most items actually have a price range they tend s...Most items actually have a price range they tend sell in.<br /><br />Prices cycle through that range over time, with different cycle times for different items. Higher priced and lower volume items tend to have larger price ranges and slower cycle times between highs and lows. Lower priced and higher volume items tend to have smaller price ranges and cycle more quickly between highs and lows.<br /><br />When prices are at the high end of the range, the market starts to flood, eventually driving prices back down. When prices are at the low end of the range supply starts to dry up, eventually driving prices back up.<br /><br />The problem with market history is it isn't just clipping outliers, it's distorting reality by clipping the normal cycle.<br />MoxNixhttps://www.blogger.com/profile/12407914481361718041noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-13816697938361193132014-08-16T11:46:06.103-06:002014-08-16T11:46:06.103-06:00This isn't just a one time thing either, I see...This isn't just a one time thing either, I see it a lot<br /><br />Just off the top of my head I can say I used to buy a lot of Caldari Navy Adaptive Invulnerability Fields. There was a period of at least a month (probably more like 2-3 months) where CN AIFs were around 300 million (some even less) in *sell* orders. I was buying them on several of the main hubs for even less than that. As low as 220 million in multiples on the main hubs (not counting even cheaper singles on remote stations).<br /><br />Yet according to market history the price of CN AIFs on those hubs has never been under 300 million in the last year.<br /><br />That's complete bull. Market history distorted the data. It isn't an accurate reflection of what actually happened in the CN AIF market. Not even close.MoxNixhttps://www.blogger.com/profile/12407914481361718041noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-17807663484256646642014-08-16T11:29:26.084-06:002014-08-16T11:29:26.084-06:00I can understand clipping extreme outliers (ridicu...I can understand clipping extreme outliers (ridiculously high or low) but this is distorting the data.<br /><br />My PLEX purchases were within a few percentage points of both the average and median price. Not only that but since they were bough right on Amarr, that means all the higher priced station range buy orders had to get filled first... It wasn't just some guy not paying attention and thinking he was getting a higher price from out of range orders.<br /><br />In fact if Mr EyjoG would bother to fix the order filling code so it doesn't rip people off when they typo that'd go a long ways towards preventing most of the ridiculously low / high transactions from even happening in the first place.MoxNixhttps://www.blogger.com/profile/12407914481361718041noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-54595458116972091182014-08-16T04:17:54.809-06:002014-08-16T04:17:54.809-06:00The market history clips the min/max data. Try a ...The market history clips the min/max data. Try a simple experiment where you put up a sell order for a common item (such as ammo) at a ridiculously high price at a station without any other orders. Buy the item with an alt. Check the history in a day or two - you usually will not see that transaction listed as the max price for that day.<br /><br />Works sort of like how a teacher might bias the grading curve, by removing the lowest and highest scores on a test.<br /><br />Some players have said that Dr.EyjoG also used to edit the history, when the data did not look right to him. I guess that changing the data to match your theory is a standard practice in economic research.larrybhttps://www.blogger.com/profile/18395545824457097643noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-68963269744928826552014-08-15T12:27:49.126-06:002014-08-15T12:27:49.126-06:00That's hard to say for sure. Sometimes it seem...That's hard to say for sure. Sometimes it seems like it must be taking unsold listings into account too and other times not.<br /><br />It's like there's some weird algorithm messing up the data, tossing out data that should have been taken into account and using data that shouldn't have been used. Possibly intended to remove outliers and make manipulation more difficult but not doing a very good job of it.MoxNixhttps://www.blogger.com/profile/12407914481361718041noreply@blogger.comtag:blogger.com,1999:blog-8930529650384824164.post-31557367178191792422014-08-15T11:25:41.693-06:002014-08-15T11:25:41.693-06:00I thought market history was for items sold not it...I thought market history was for items sold not items sitting on market? If so... i've been wrong all these years. Anonymoushttps://www.blogger.com/profile/16508540613416009877noreply@blogger.com