Starting from October 5, 2009 the Vicrtonomics Administration will begin retail market liberalization. So far the prices of local sellers and market volume have been regulated by the Administration, according to the unified scheme. This kind of government control was not good for market situation: though we’ve tried to do our best, it was impossible to fix some system faults, like the huge gap between poor and rich cities.
Starting from October 5, 2009 all the administrative tools of market regulation will be cancelled. The prices of local suppliers and demand volume will depend on the market situation.
More information
Prices
Each new price step is regulated considering the following factors:
• Shares of players in the retail market (a small amount of players --- local suppliers rise prices)
• Prime cost of goods produced in this city (a goods special for this or that city must be cheaper)
• Correlation of forecast and actual cash flow (super profitable markets will be diluted by local price) // as the additional factor of “emergency braking”, the system will check if any goods posses more than 15% of retail turnover – and reduce the price for it
• Correlation of city salaries
• Consumer basket (customers money and the possible ways of its spending will be roughly estimated)
• Counter-average factor of “wealth” (rich ones go more rich, poor ones go more poor)
• Random factor
Market volume
Each new price step is regulated considering the following factors:
• Market saturation (active markets of ААА, АА and А are growing)
• Ideal consumption of goods per one citizen
• Volume of city production (advanced production will help to develop market)
• Correlation of forecast and actual cash flow (super profitable can not expand);
• Consumer basket
• Counter-average factor of “wealth”
• Random factor
Quality
Quality o local suppliers has been already liberalized. All we need to do is list the influencing factors:
• Shares of players in the retail market (a small amount of players --- local suppliers reduce quality)
• Quality of goods produced by players (local suppliers try to be at the same level)
• City level (high level – high requirements for the quality
• Random factor
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