This is the exact opposite. Ore and minerals will become more scarce.
But are stampedes irrational? To a herd of wild animals? I am not sure it is. And humans are often individually rational and while that may not aggregate up to rational group behavior I am not sure it has to be the case that the group is irrational, just that at the aggregate level irrational/rational may not really be applicable. It is why I think macro-economics in many of its current iterations are completely off base. My long winded way of saying, I am quite skeptical of rational expectations and the efficient market hypothesis as universally true concepts.
Even if there is a perfect 1 - to - 1 relationships between the price increases of minerals and income and overall prices in the wider economy, such a change leaves you no worse off. If your income goes up 100% and all prices go up 100% then your budget constraint is exactly the same.
2pX = 2 * income,
is exactly the same as the income before price and income changes,
p*X = income.
Oh manā¦
Your first sentence is correct, but the income for miners is dependent on the price of minerals. So yes, if people buy less stuff and hence there is less need for minerals then the effect on mineral prices of these changes are muted. But the point that miners are the least impacted is probably still true.
You donāt need a mineral board to hold things steadyā¦
Let p be the price vector of all goods in the game. Let q be the price vector of minerals.
The miners income is based on q*M where M is the amount of minerals they mine. So the minerās budget is given by,
qM => pN where N is a vector of all the goods in the game (note some of the elements of that vector can be zero).
If q and p go up by the same amount, then there is no change to the budget. To make miners worse off the change in q would likely have to be less than p. Or M would have to go down. This can certainly happen and probably will, but as noted the relative effect will probably be less for miners than for say ratters or mission runners. Not that is much comfort, IMO. Especially if the goals here are as Arrendis notes not really to rebalance the distribution of ore in the game, but a larger one. This will most likely not have the desired effect in this case.
In general, this is probably going to end up being the case. While I expect everything to get more expensive, I donāt expect the price changes to be uniform and thus it is possible miners come out looking a bit better than many others, relatively speaking. And you may be like meā¦I donāt care if my neighbor makes more or less than I doā¦I care about how much I make. So in that regard, this is not a good change.
Yeah, that is not how people do things though. If people are already at the point where MC = MB, decreasing the MB by a little bit will not elicit more missions or one more anom. That is literally saying a business that has just seen its price go down (the marginal benefit in a competitive market) will produce more. No. Dead wrong. In fact, they do one less mission or one less anom, and for some they might just stop all together and head for the exit. And yeahā¦ācan I has yore stuffsā was amusing 7 years ago, but franklyā¦Iād like for there to be more playersā¦more people to shoot, get shot by, sell my stuff to, sell me stuffā¦etc.
Iād go even further, HS and NS need each other.
Maybeā¦let me see the prices in Jita for morphiteā¦yeah, not yet. The average price is a wee bit higher than yesterday which was up almost 10,000 over the prior days price (average price was 12,230 9/25) and more than double the 9/24 price. But quantity is very low. Only 2,667,470 for 9/26. The buy order prices are nearly double the 9/24 price. But 552,000 units is on sale in the Tranquility Trading Tower at 25,000 ISKā¦soā¦
This. In fact, I have argued that for some players the low effort/semi-AFK nature of mining was actually a feature not a bug for some players. We all like different things. I like cooking, others find it tedious and awful. Neither are wrong.
Can confirm from discussions I have seen with NS players who are serious about mining.