Home » Computers » Games

How Does The EVE Online Market Work?

Mar 13, 2008
EVE Online was the first MMOG to attempt to create a "closed" economy; the closed economy was eventually dismantled, because it couldn't accommodate new players cleanly or easily, and favored established characters a bit too much. However, most of the tools used to support the EVE closed economy still remain and one of the major ones is the EVE Online Market, which acts like a "stock ticker" on commodities throughout EVE's entire community, giving commodity prices and demands for same throughout the entire game.

This market, more than anything else, is what replaces the need to do missions. There is always demand for commodities, the demand for the commodities is reflected in the EVE Online market, and there are always risk/reward trade offs.

The way the markets work, a given node (either player character driven or computer driven) will post a price for a given commodity. If you produce that commodity, you can attempt to be the first shipment there to get the price. As multiple instances of the same commodity come in, the price drops, with factors contingent on how short the route is between the demand and the supply, and how risky the route is. If you have to route through a couple of zero zero systems (where there is no enforcement of law by the game) you run the risk of being hit by pirates run by other players - this is EVE's version of Player versus Player combat, and it runs in graduated zones from 0.0 to 1.0 (where 1.0 means that it's almost impossible for player on player action to begin.)

Beyond the straightforward market mechanic here, EVE Online markets also support player to player contracts for commodities and work agreements. You start out able to have one outstanding contract; each skill level of the Contracting skill adds three to the total, with a maximum of 16 for skill level 5. An outstanding Contract on the EVE Online Market means you're available to take on the job. Contracts players (and player corporations) can put on the market include auctions, item exchange, loans and courier duty. Corporation Contracts allow corporations (the equivalent of guilds on other games) to put work offers out for members and non members (and other corporations) to meet, allowing the resource exploitation and manufacturing model to extend in ways that add significant play depth.

To create a contract with the EVE Online market tools, you'll need to put up 100,000 ISK as a deposit to put up a public contract; this is also used to pay for the work done.
About the Author
Tom Kranz has written articles on EVE Online ships and the EVE Online free trial which is available, as well as a number of EVE Online guides.
Rating:
Please Rate:
(Average: Not rated)
Views: 216
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Accounting
    • Credit
    • Currency Trading
    • Debt Consolidation
    • Insurance
    • Investing
    • Leasing
    • Loans
    • Mortgage
    • Mutual Funds
    • Personal Finance
    • Stock Market
    • Structured Settlements
    • Taxes
    • Wealth Building
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources