Learning about MUDs (was: Re: [MUD-Dev] Re: MUD-Dev digest, V ol 1 #301 - 15 msgs)

[Koster]

> -----Original Message-----
> From: mud-dev-admin at kanga.nu 
> [mailto:mud-dev-admin at kanga.nu]On Behalf Of
> Brian 'Psychochild' Green
> Sent: Tuesday, April 03, 2001 3:12 AM
> To: mud-dev at kanga.nu
> Subject: Re: Learning about MUDs (was: Re: [MUD-Dev] Re: 
> MUD-Dev digest,
> Vol 1 #301 - 15 msgs)
 
> A basic tenet of economics is that value is determined by utility
> and scarcity.  Things that are more useful and harder to find are
> worth more than common items with little practical use.  My car has
> more worth than your dull pebble.

As an interesting side study in this... when Trammel went into UO, my
recollection is that UO had had a stable exhange rate between the
real-world dollar and the UO gold coin for over a year--it was fixed
at around 400-500.  PKs, nasty as they were, were a good gold sink for
users, as they invariably looted everything you had an junked it or
kept it. They also hoarded everything, effectively keeping the
*circulating* money rare or tied up in equity such as real estate. An
equilibrium was reached, and 400-500 was it.

Today the dollar fetches you 15,000 gold coins. My suspicion is that
it is because of Trammel, which has no PKs and therefore fewer drains,
and has a much more controlled risk environment.

I could be completely wrong--what would be great is to see a
historical record of the UO<->real world exchange rates over
time. Anyone got the data?  ;)

-Raph
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