Back on old Languish in the old EU3 thread you explained the concept of sunk costs. I had a bad money experience today and felt like shit, but playing EU3 reminded me of what you said and now I don't feel like shit anymore.
PM
I want everyone to know how great Grumbler is.
We all know about grumbler.
yw
What was it so I can feel better. :(
You see
We have this economics term "SUNK COSTS"
You spent Way too much Money on EU3. Lets call it X.
X is your sunk cost.
IF
Johan the Internet Shitty game coder/money pirate decides to make an expansion: Europa Universalis 3: Plight of the Zeelanders for 25 dollars you are OBLIGATED to buy the game because if you do not, your SUNK cost of X will be for NOTHING and you therefore cannot stop playing the game.
So in summary, as long as 25 (or the cost of any expansion) is less than X, you PROFIT buy buying them because otherwise you are out the cost of your original purchase.
i want help
Alci, as you have probably guessed, the idea is the precise opposite of Jaron's explanation. :P
It was a great explanation, though.
Quote from: grumbler on February 12, 2010, 01:15:45 AM
Alci, as you have probably guessed, the idea is the precise opposite of Jaron's explanation. :P
It was a great explanation, though.
Jaron would never be facetious!
Quote from: Jaron on February 11, 2010, 11:32:13 PM
You see
We have this economics term "SUNK COSTS"
You spent Way too much Money on EU3. Lets call it X.
X is your sunk cost.
IF
Johan the Internet Shitty game coder/money pirate decides to make an expansion: Europa Universalis 3: Plight of the Zeelanders for 25 dollars you are OBLIGATED to buy the game because if you do not, your SUNK cost of X will be for NOTHING and you therefore cannot stop playing the game.
So in summary, as long as 25 (or the cost of any expansion) is less than X, you PROFIT buy buying them because otherwise you are out the cost of your original purchase.
You should be in marketing.
Grumbler, he is awesome.
Quote from: katmai on February 12, 2010, 01:20:15 AM
Jaron would never be facetious!
Not with that face, no.
Its ability to split in half is kinda creepy. :jaron:
Thanks you Jaron.
I thought a sunk cost had something to do with ships. <_<
Quote from: Warspite on February 13, 2010, 08:43:23 PM
I thought a sunk cost had something to do with ships. <_<
Which brings us back to Grumbler...
:)
Quote from: Warspite on February 13, 2010, 08:43:23 PM
I thought a sunk cost had something to do with ships. <_<
Specifically, the budget of the WW2 Italian Navy....
Quote from: grumbler on February 12, 2010, 01:15:45 AM
Alci, as you have probably guessed, the idea is the precise opposite of Jaron's explanation. :P
It was a great explanation, though.
I thought it made no sense.
He assumes that you can't continue playing EU3 vanilla without buying the expansion for some reason.
Quote from: grumbler on February 14, 2010, 09:38:22 AM
Quote from: Warspite on February 13, 2010, 08:43:23 PM
I thought a sunk cost had something to do with ships. <_<
Specifically, the budget of the WW2 Italian Navy....
Or of WWII's German capital ships?
Quote from: Agelastus on February 14, 2010, 11:41:54 AM
Quote from: grumbler on February 14, 2010, 09:38:22 AM
Quote from: Warspite on February 13, 2010, 08:43:23 PM
I thought a sunk cost had something to do with ships. <_<
Specifically, the budget of the WW2 Italian Navy....
Or of WWII's German capital ships?
17 IC, and the AI gets them sunk 3 weeks after deployment.
Quote from: Ed Anger on February 14, 2010, 11:44:28 AM
Quote from: Agelastus on February 14, 2010, 11:41:54 AM
Quote from: grumbler on February 14, 2010, 09:38:22 AM
Quote from: Warspite on February 13, 2010, 08:43:23 PM
I thought a sunk cost had something to do with ships. <_<
Specifically, the budget of the WW2 Italian Navy....
Or of WWII's German capital ships?
17 IC, and the AI gets them sunk 3 weeks after deployment.
Only in HOI2.
In HOI3 it's one week.
And they call it progress... :)
Quote from: Agelastus on February 14, 2010, 11:41:54 AM
Or of WWII's German capital ships?
They started out as a cost-in-being, before converting to a sunk cost.