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<blockquote data-quote="kitcik" data-source="post: 5714269" data-attributes="member: 98256"><p>OK, here we go Mr. Economics.</p><p> </p><p></p><p> </p><p>No it doesn't mean that or suggest it in any way. Why does you degree in economics lead you to believe that prices based on utility would result in the above? No one has even defined the "universe" in question: how useful the book is vs. the longsword, or how costly they are to produce. All that was stated was that things that are more useful are generally in higher demand and would therefore, all other things being equal, have a higher price. It's the cup vs. the cup with a hole in the bottom. Which would you pay more for? Because an item won't be sold for a price less than what ou are willing to pay (barring a price war).</p><p> </p><p></p><p> </p><p>True.</p><p> </p><p></p><p> </p><p>This is up to the DM.</p><p> </p><p></p><p> </p><p>This contradicts what you say above regarding the book of Use Rope and the longsword. Oops. I though you want book proce for everything. Why would it change in a specialized campaign base don supply and demand? Maybe because certain items are more (or less) useful in a specialized campaign?</p><p> </p><p></p><p> </p><p>Certainly high level items are low in supply, but there are so few characters running around that can use or afford them, shouldn't the price drop based on your logic? Seems like you are being internally inconsistent in your analysis.</p><p> </p><p></p><p> </p><p>This is where you SEEM to say that more useful items and less useful items will always revert to their "list" price. It is not clear what the "list" price is based on, but presumably some combination of the cost/difficuly of manufactore and the utility of the item. I would think, therefore, that a change in utility would result in a change in price.</p><p> </p><p> </p><p></p><p> </p><p>Well, this is where we agree. It is very difficult to mess with the crazy D&D economics without making it worse than it already is.</p><p> </p><p></p><p> </p><p>Now, this is just silliness. If he's selling something professionally (particularly if it is magic and he is a high intelligence wizard), he's going to realize which skills are worth more. In fact, that is the BASIS of what you said above where you said the more useful things would get produced more. So you are contradicting yourself again.</p><p> </p><p>Also, note that this is not a mass production society. People are not churning out magic items on production lines. they are mostly made to order or sold as part of someone's loot. Therefore, there are very limited economies of scale and much less reason why low demand would significantly reduce prices.</p><p> </p><p></p><p> </p><p>How is his "technique going to get out?" How are "more and more people going to start making them?" It is a magic item. If you are a wizard with the right feats and level, you can make it, other wise you cannot.</p><p> </p><p></p><p> </p><p>Huh? What, supply and demand LAWS are different for "regions" than for "campaign settings"? Supply and demand factors may be different in different local markets, but the laws are universal. It sounds like you are trying to use "economics degree speak" to cover up the fact that you are contradicting yourself again.</p></blockquote><p></p>
[QUOTE="kitcik, post: 5714269, member: 98256"] OK, here we go Mr. Economics. No it doesn't mean that or suggest it in any way. Why does you degree in economics lead you to believe that prices based on utility would result in the above? No one has even defined the "universe" in question: how useful the book is vs. the longsword, or how costly they are to produce. All that was stated was that things that are more useful are generally in higher demand and would therefore, all other things being equal, have a higher price. It's the cup vs. the cup with a hole in the bottom. Which would you pay more for? Because an item won't be sold for a price less than what ou are willing to pay (barring a price war). True. This is up to the DM. This contradicts what you say above regarding the book of Use Rope and the longsword. Oops. I though you want book proce for everything. Why would it change in a specialized campaign base don supply and demand? Maybe because certain items are more (or less) useful in a specialized campaign? Certainly high level items are low in supply, but there are so few characters running around that can use or afford them, shouldn't the price drop based on your logic? Seems like you are being internally inconsistent in your analysis. This is where you SEEM to say that more useful items and less useful items will always revert to their "list" price. It is not clear what the "list" price is based on, but presumably some combination of the cost/difficuly of manufactore and the utility of the item. I would think, therefore, that a change in utility would result in a change in price. Well, this is where we agree. It is very difficult to mess with the crazy D&D economics without making it worse than it already is. Now, this is just silliness. If he's selling something professionally (particularly if it is magic and he is a high intelligence wizard), he's going to realize which skills are worth more. In fact, that is the BASIS of what you said above where you said the more useful things would get produced more. So you are contradicting yourself again. Also, note that this is not a mass production society. People are not churning out magic items on production lines. they are mostly made to order or sold as part of someone's loot. Therefore, there are very limited economies of scale and much less reason why low demand would significantly reduce prices. How is his "technique going to get out?" How are "more and more people going to start making them?" It is a magic item. If you are a wizard with the right feats and level, you can make it, other wise you cannot. Huh? What, supply and demand LAWS are different for "regions" than for "campaign settings"? Supply and demand factors may be different in different local markets, but the laws are universal. It sounds like you are trying to use "economics degree speak" to cover up the fact that you are contradicting yourself again. [/QUOTE]
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