I Cant Be The Only One....

[Monstersaurus]

Is it me or are people way over valuing mods, i mean one guy is buying a mod for 1000 platinum(around £32) isn't that a bit barmy? Also I've been trying to get my hands on Hammer shot and people are wanting anywhere from 20 to 100 plat for it! The way i see it the mod should be worth the amount of mod slots it takes up...

[.AOI.]

20 plat is not alot though, and it depends on how much ppl are willing to pay Over Pricing as mutual of a term it may seem is actually Opinionated :)

[Vahlak]

Supply and demand.   You want Hammer Shot.  They have Hammer Shot.    If you want it, you pretty much have to pay what they think it is worth.

Is 20 platinum too much for it?  Don't trade for it.      There's nothing else you can do..

[Zakalwe]

Basic Supply and Demand.

 

Read up: http://en.wikipedia.org/wiki/Supply_and_demand
 

 

 

The way i see it the mod should be worth the amount of mod slots it takes up...

 

 

Values are set in two ways:

1. Rarity of mod

and/or

2. What level the mod is and how long it took/how many cores it took to level it.

Edited November 27, 2013 by Zakalwe

[.AOI.]

Supply and demand.   You want Hammer Shot.  They have Hammer Shot.    If you want it, you pretty much have to pay what they think it is worth.

Is 20 platinum too much for it?  Don't trade for it.      There's nothing else you can do..

Exactly

[.AOI.]

Basic Supply and Demand.

 

Read up: http://en.wikipedia.org/wiki/Supply_and_demand

 

 

 

 

 

Values are set in two ways:

1. Rarity of mod

and/or

2. What level the mod is and how long it took/how many cores it took to level it.

And Exactly.

[Ketec]

IF ou really think the mod is soo cheap and worthless... then why do you actually buy it instead of  getting it yourself?

Besides  mod grade/mods used to upgrade it.. its also the time/difficulty of finding it.

Hammer shot has one of the lowest rates for a reward in Nightmare.

[azntrigboi]

Overvaluing/undervaluing is relative to what a person perceives as the "true price" of a mod.  Different people will see the mod differently.  If you really want it(in economics, it's called inelastic demand), your perceived value is high.  If you want it but are willing to wait for a better price(aka elastic demand), then your perceived value is lower.  The person selling it will determine what value to place on the mod based upon how difficult it was to produce, what they think people will pay, etc.  When a buyer and seller can agree on a price, that's the market price - the price of last sale.

 

So, when a guy wants to pay 1000 plat for a mod, he values that mod at least enough to give up 1000 plat.  Just because you don't value the mod that high doesn't mean he shouldn't.  Of course he'd like to pay less, but he really wants the mod so he wants to increase his chance of success by offering a higher price.  Make sense?

[.AOI.]

Overvaluing/undervaluing is relative to what a person perceives as the "true price" of a mod.  Different people will see the mod differently.  If you really want it(in economics, it's called inelastic demand), your perceived value is high.  If you want it but are willing to wait for a better price(aka elastic demand), then your perceived value is lower.  The person selling it will determine what value to place on the mod based upon how difficult it was to produce, what they think people will pay, etc.  When a buyer and seller can agree on a price, that's the market price - the price of last sale.

 

So, when a guy wants to pay 1000 plat for a mod, he values that mod at least enough to give up 1000 plat.  Just because you don't value the mod that high doesn't mean he shouldn't.  Of course he'd like to pay less, but he really wants the mod so he wants to increase his chance of success by offering a higher price.  Make sense?

This is the most Elaborate Maturest Reply Ive Seen on this topic, I Commend You Bud lol

[Darkantor]

Overvaluing/undervaluing is relative to what a person perceives as the "true price" of a mod.  Different people will see the mod differently.  If you really want it(in economics, it's called inelastic demand), your perceived value is high.  If you want it but are willing to wait for a better price(aka elastic demand), then your perceived value is lower.  The person selling it will determine what value to place on the mod based upon how difficult it was to produce, what they think people will pay, etc.  When a buyer and seller can agree on a price, that's the market price - the price of last sale.

 

So, when a guy wants to pay 1000 plat for a mod, he values that mod at least enough to give up 1000 plat.  Just because you don't value the mod that high doesn't mean he shouldn't.  Of course he'd like to pay less, but he really wants the mod so he wants to increase his chance of success by offering a higher price.  Make sense?

Ladies and gentlemen, welcome to the Warframe community, home of gamers, ninjas, and the guys from Wall Street xD

[.AOI.]

Ladies and gentlemen, welcome to the Warframe community, home of gamers, ninjas, and the guys from Wall Street xD

Hahaha

[azntrigboi]

Ladies and gentlemen, welcome to the Warframe community, home of gamers, ninjas, and the guys from Wall Street xD

 

LMAO.  I'm flattered, but I'm no big bucks Wall Street guy.  Just an engineer who studied a lot of economics.  :P

Edited November 27, 2013 by azntrigboi