If anyone got bored by this, I am sorry

Background Readings

Gevlon’s plan on improving the GDKP
solo-rewards-for-group-effort
PUG
rule-in-gold-bid

Summary :
Gevlon try to introduce an improvement to GDKP, since GDKP do not compensate the other bidder “enough” and encourage bidding. He suggest that the final bid’s 1/3 will go to the second bidder (Instead of going to the gold pool for the raid)

The Game

I’ll try to rephrase my argument.
A given loot had been auctioned
Let Player A maximum bid be 1000g (FPBP)
Let Player B maximum bid be 900g (SPBP)

Traditional GDKP

Player A would get the loot, -900g
Player B would get nothing
Raid gets 900g

Honest Gevlon’s competition,

Player A would get the loot, -900g
Player B would get 300g,
Raid gets 600g

Zekta’s Double Bidding

Player B finds a cooperator Player C. in which, he’ll always bid just before player B (With B’s Gold).

Auction will stop when Player A withdraw.
Player A bid on 1000g,
Player C bid on 1100g,
Player B bid on 1200g, and win the auction

Results:
Player A would get nothing
Player B would get loot, -1200g
Player C get 1200*1/3=400g.
Raid gets 800g

Player C gives back the gold to Player B (He’s just a bid dummy for player B)
In Summary,
Player B would get loot, -1200+400= -800g

Player A would get nothing
Player B would get loot, -800g
Raid gets 800g

In Summary

If taking my double fire bidding plan, Player B is better off in this situation, since he would want to loot for 900g, but he now get it for 800g.

In this case, the only benefactor is Player B, at the expenses of Both Player A (Getting the Loot he value 1000g with 900g) and Raid (Getting 900g pool).

The only way to counter that is player A also use “double fire” bidding plan, but then the result is the same as Traditional GDKP (with bidding on 200g).

The fallacy of Gevlon example

At his Bid Ninja assumption, he stated
“So FG offers SGBP and not a cent more. It’s unreasonable for SG to bid more now if he did not bid 20 seconds ago, and BN has no options.”

The item valued by the FP (first player) to the First Player Break Point (FPBP), state that, the player is willing to pay until FPBP. Although it provides 0 values to the NB, He also knew P1 want the item. The Trade will occur as long as SPBP < = Price <= FPBP. But not necessarily equals to SPBP.

While destroying the item provide no benefits to BN, but this option provide an effective threat to P1. Consider the similar case in Mutual assured destruction in cold war and Cuba Crisis.

A little short blog update…

As you may notice, I started my raiding career with my New Main Notus..
I am still work hard to balance time on blogging, raiding, work and family (especially with gf)

I would really want some help on having guest poster here…
A little summary of the state of the blog. There are 5 type of post we had here now

1. Reactive post – post that reply to others’ post, thoughts and comments
2. Wow Econ, Some economic perspective to Wow, including trading, player behavior, guild, pug etc. (Included but not limited to Gold-Making)
3. Trader Tips – Fellow trader’s tips, e.g. how to start a bank guild
   (notice: not guild bank), New Add-on, Market Change
4. Me as player – Rant, Goblin type – thoughts on Raiding,
5. Others – Silly post and Not-so-Weekly Report for instance

I had been posting like 4(Player), 1(Reactive), 5(Others), 3(Trader), 2(Wow-econ)…

In which I would like more post on 2(Wow-Econ) and 3(Trader-Tips).

I would consider Wow-econ post is hardest to write (for me), since it’s usually long and hard to polish…

I am continuously looking for guest poster on these topics, If you had an idea would want to talk about, and think this blog is worthy for your publication, please contact me

Dazzer321 send me an email, and I would like to give it an highlight for you guys.

Seth had mentioned on his monday post.
I was having a problem on the email, so there was a delay..

Dazzer321 had a rapid growing collections on low end money making tips.
Which is nice for new comer for trading…

In his word:

My blog is a gold making guide it shows you how to make cold quickly. The posts are usually short and snappy for easy reading but the content is there at the moment is been focusing on the lower end of gold making for the low level character but will eventually branch up all areas of wow gold making.

Definitely worth your time for a visit if you didn’t yet,
and great for recommend to your less fortunate guild mate.
On my daily RSS reader
Good work Darryl.

http://afistfulofcoppers.blogspot.com/

It’s nice for a quick revision and education material for those financial struggling guildmate we all have.

The Opportunity Cost session is my favorite. I was having a hard time trying to explain that to others.

Now, with no more delay, Here it’s, Enjoy

Heat discussion had been on, and I am with the goblin.
Guild life won’t be better, same people, different game setup. (Just another thing to grind, IMO)
M&S will still out-number the player with the right attitude (or Elite-Jerk at their view).

Attaching player’s effort to keep them to a guild,
= Enforce a harder divorce policy in a country to reduce Divorce Rate

Of course the benifits on the guild (IRL, tax reduction from goverment) will make player hesitative to look for a better guild, and stay in a guild (Sololist on Elnia ‘s term).
It surely will decrease divorce rate (Guild Hopping) and increase the number of couples (Player stay in guild, rather than soloing).

But will that increase happy marriage (Which we really want?)
or just prolonging painful matches?

We’ll see…

P.s
Once again, I respond on topics rather than a original one, call me traffic leecher if you want to, but I rather post my comment here than a sinking long list of comments

It is indeed a good place for starter’s gold.

Will got a nice article on his insightful spot for farming at wowconfidential

I would said it’s quite creative, and found a missing gem on the market. Which is the essence of a great trader. If you gotta farm, farm smart..

In his word…

It’s a video I made a few days ago which show how I make 700+gold/hour, one of my top methods of making gold:

It’s by farming Boar Ribs. I can farm 65/hour and sell them for 3.95g each.

A lot of people who power level cooking will buy mats up on the AH and for some reason Boar Ribs are in really low supply and high demand.

I make 700+ gold an hour farming this from my route. (it says 500+ g/hr but I am now selling for 3.95g each instead of 2.95g)

check it out here:
http://www.wowconfidential.com/2009/08/13/earn-500-gold-an-hour-from-boar-ribs-cooking-powerleveling-item/

Nice article, indeed…