200M in all Skills

[Kr148 193]

I have two hypotheticals here,

 

The first being what if they raised the alch price by like 10-20% what it is now?  things like rune drops and many other alch price drops would rise but more gp comes into the game.

 

The second is they increase the alch price but have a money sink that takes out more than or equal to the new alch price.  now this is kinda a cool thing to thin about.

 

(o ya relate this back to 200m all skills somehow so its "on topic")

[Gemeos2 370]

The first hypothetical would be against what they have tried to fix lately. They are trying to "remove" gp from the game and you would only add more gp into the game than what you already add.

 

The secound hypothetical.. You need to elaborate how they would "remove" the extra 10-20% gp you add.

 

 

And if there's less gp in the game, gp is more valuable... so what you think about 30k now is a bit more meaningless than what you will think about 30k on the next year.

[Hedgehog 2501]

Alch prices create a price floor on certain items. Increasing the alch price increases the price floor. If you want to know what that would do to the economy, here's the Wikipedia article: http://en.wikipedia.org/wiki/Price_floor.

[E M R E 38]

Drumgun at 193m div.

[vmser 369]

Forsberg888 is now up 2008m exp over 2013 - so that's breaking the 2-billion-exp-in-one-year barrier.

 

At new years, we should make a list of people's exp gains ove 2013.

[E M R E 38]

gf suomi's record

[Abhinav2107 6]

Forsberg888 is now up 2008m exp over 2013 - so that's breaking the 2-billion-exp-in-one-year barrier.

 

At new years, we should make a list of people's exp gains ove 2013.

Or we could party.

[brunokiller 358]

Alch prices create a price floor on certain items. Increasing the alch price increases the price floor. If you want to know what that would do to the economy, here's the Wikipedia article: http://en.wikipedia.org/wiki/Price_floor.

You don't have a high alchemy spell irl though.

[Hedgehog 2501]

 

Alch prices create a price floor on certain items. Increasing the alch price increases the price floor. If you want to know what that would do to the economy, here's the Wikipedia article: http://en.wikipedia.org/wiki/Price_floor.

You don't have a high alchemy spell irl though.

 

...but we have price floors

[Miss Lioness 631]

 

 

Alch prices create a price floor on certain items. Increasing the alch price increases the price floor. If you want to know what that would do to the economy, here's the Wikipedia article: http://en.wikipedia.org/wiki/Price_floor.

You don't have a high alchemy spell irl though.

 

...but we have price floors

 

 

Usually the price floor is of the production costs. (Not always the case but it is a general rule)

[Hedgehog 2501]

 

 

 

Alch prices create a price floor on certain items. Increasing the alch price increases the price floor. If you want to know what that would do to the economy, here's the Wikipedia article: http://en.wikipedia.org/wiki/Price_floor.

You don't have a high alchemy spell irl though.

 

...but we have price floors

 

 

Usually the price floor is of the production costs. (Not always the case but it is a general rule)

 

Production costs aren't a price floor. They're production costs.

 

Like I even linked the wikipedia article

[Miss Lioness 631]

 

 

 

 

Alch prices create a price floor on certain items. Increasing the alch price increases the price floor. If you want to know what that would do to the economy, here's the Wikipedia article: http://en.wikipedia.org/wiki/Price_floor.

You don't have a high alchemy spell irl though.

 

...but we have price floors

 

 

Usually the price floor is of the production costs. (Not always the case but it is a general rule)

 

Production costs aren't a price floor. They're production costs.

 

Like I even linked the wikipedia article

 

 

No I mean, if the price is lower then the production costs, noone in the real world would produce it as it would lose money. Perhaps only temporarily.

[Ring_World 753]

economic theory applied on video games is lol

[Bxpprod 2048]

[V O R K 191]

goddamn I already sold the steel titan pouches :@

[G0d_vs_D3vil 136]

economic theory applied on video games is lol

when ppl can make usd from that it's not a lol 

[TipTopCat 15]

lol @ economics and game theory.

 

Meanwhile at MIT, here's two economics graduate courses on game theory.

http://ocw.mit.edu/courses/economics/14-147-topics-in-game-theory-fall-2009/

http://ocw.mit.edu/courses/economics/14-147-topics-in-game-theory-spring-2005/

 

And an undergrad course at yale

http://oyc.yale.edu/economics/econ-159#overview

 

Glad someone's taking the idea seriously so we can continue having evolved game economies like the one we have in Runescape... And glad there's people to lol at it, so we can have a steady supply of workers at mcdonalds.

 

BTW: these are all open courseware so you can download all the class notes and watch all the lectures

[ilovecuttingyews 294]

From what I can tell, those courses are about game theory, not video games. Two entirely different things.

 

But I do disagree with Ring_World. Real world economic processes do take place in RS. Obviously slightly adjusted because of the small closed system, but the fundamentals are still there.

[Bxpprod 2048]

Hi all,

 

Last week we released some changes to the way pouches are crafted in the Summoning skill, along with some new items we made available in game and on the Squeal of Fortune. These changes were intended to make pouch-making a bit smoother, even if you don't have any of the new items, but the benefit was subtle and we've realised from your feedback that many of you would rather carry on with the way you were crafting before.

 

With that in mind we're going to make a couple of changes. We've been discussing them today and development will start tomorrow; exactly when we release will depend on how long it takes to code and test (especially test). The exact solution might change if we find technical issues as we go, but the current plan looks like this:

 

The way you make pouches will change back to the way it was before, so no more uncharged pouches.

 

Unused spirit gems will be stackable in the bank.

 

The benefit of spirit gems will change. Our current thinking is that you'll carry one in inventory (or perhaps the pocket slot) and that while it still has charges you'll have a % chance to save the charm that would have been used.

 

 

As I say, if problems arise with this approach we'll switch to something better, so this may not be the exact final result. No matter what happens we'll be looking to restore and protect the pouch-crafting methods you're used to, and making sure that the extra benefits we add remain optional.

 

We're very sorry for the confusion and inconvenience this has caused.

 

Thanks everyone,

Mod Hew, Producer for SGS & SoF

 

[qfc]15-16-310-65233095[/qfc]

 

L

[Ring_World 753]

Game theory would deal with things like the tragedy of the commons which is more an aspect of game design then game economy although the two certainly relate. And yeah a lot of real economics apply to RS but its benefit outside of game design isn't really all that large. 

 

I guess was my point

[Riptide Mage 80]

 

Hi all,

 

Last week we released some changes to the way pouches are crafted in the Summoning skill, along with some new items we made available in game and on the Squeal of Fortune. These changes were intended to make pouch-making a bit smoother, even if you don't have any of the new items, but the benefit was subtle and we've realised from your feedback that many of you would rather carry on with the way you were crafting before.

 

With that in mind we're going to make a couple of changes. We've been discussing them today and development will start tomorrow; exactly when we release will depend on how long it takes to code and test (especially test). The exact solution might change if we find technical issues as we go, but the current plan looks like this:

 

The way you make pouches will change back to the way it was before, so no more uncharged pouches.

 

Unused spirit gems will be stackable in the bank.

 

The benefit of spirit gems will change. Our current thinking is that you'll carry one in inventory (or perhaps the pocket slot) and that while it still has charges you'll have a % chance to save the charm that would have been used.

 

 

As I say, if problems arise with this approach we'll switch to something better, so this may not be the exact final result. No matter what happens we'll be looking to restore and protect the pouch-crafting methods you're used to, and making sure that the extra benefits we add remain optional.

 

We're very sorry for the confusion and inconvenience this has caused.

 

Thanks everyone,

Mod Hew, Producer for SGS & SoF

 

[qfc]15-16-310-65233095[/qfc]

 

L

 

 

Translation:

 

Gems aren't the SOF promo any more, so we're removing them.  Sorry if we [bleep]ed everyone over, we made $$$.

 

-IVP

[Ammako 1770]

They're not even removing the gems.

[Aiel 240]

 

 

the benefit was subtle

benefit??

[Quyneax 988]

Drumgun will hit 200m divination in about 24 hours, probably. He's got 1.7m xp to go - his lead on rank 2 is almost 44m xp.

 

It'll be interesting to see what's up next for Drum. It may be a good idea to gather some bonus agility xp in case BA gets nerfed.

[jayc3399 197]

Drumgun will hit 200m divination in about 24 hours, probably. He's got 1.7m xp to go - his lead on rank 2 is almost 44m xp.

Which is interesting given how much $ rank 2 spent on spins to catch up.