On Monocles and Exotic dancersPosted: 2011-06-27
First off, let’s all thank CCP for the shiny new gun models and walking in stations. My C6 tengu multiboxing operation thanks you as they fly backwards into the void.
On topic now, there’s been a good amount of complaints from the eve community about monocles, buyable now from your local eve client using Aurum(tm), the new currency that seems a bit unnecessary. Using the current conversion rates, that works out to bil 1.4 or 60 US dollars. The main complaint is that “it’s too expensive”.
Having slept through a high school microeconomics class, sleepwalked through a college microeconomics class and gotten my ass kicked by a significantly harder college macroeconomics class, I feel qualified to say no, it isn’t.
For my main point, it’s a fucking monocle. Team fortress 2 has a monocle for their Engineer class, and though it looks awesome, especially with some other items, it has no effect on gameplay.
On a related note while the “Googly gazer” is currently prices at 12.99$, the “Teddy Roosebelt” is selling for 17.49$ atm, likewise with no effect on gameplay except fo- awww, look at the teddy bear……
Isn’t he fluffy?
Anyway, people are buying those teddy bears by the thousands. They have no impact on gameplay except for anyone that is killed by you will see not only you on the kill record but also Mr. Snuggles.
In this case, valve is satisfied with the amount of people buying the teddybears, I.E. the demand. Since these and all other online items cost nothing to make besides designing it, the supply curve is a nice constant. Thus the price is driven solely by demand, so CCP has to experiment to find the slope of the demand curve that has the most profit.
Edit: The released mail announcing the sale of 51 monocles so far confirms that CCP does, apparently, have an economist working for them. Who knew?
At time of writing CCP has announced plans to actually have items that cost less than a plex, so apart from releasing a highly expensive monocle FIRST instead of, say, after tattoos for 10 mil or something similar that could’ve setup a secondary market.
People are telling me they’re upset because this could lead to weapons and “golden ammo” being bought with cash instead of being mined by bots, built with no margin due to jita prices, bought and sold an average of six times before getting to the average capsuleer. That’s a road that no games wants to go down, and if Eve ever gets to that point, I’ll be out there with everyone else, canceling subs and posting in allcaps on forums.
Until then, enjoy the expensive pants.
P.S. How much would you pay for an exotic dancer with pole in your CQ?