Board 8 > If games cost $120, would you buy half as many games?

(+) Yeah! (+)

I've thought high production value games were underpriced for a few years. Adjusted for inflation, prices are half what they were back in the days of the SNES/N64 when games like CT and SM64 could run to $90.....in 1996 dollars.

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90s games > 00s games

Probably not considering just how few I buy to begin with.

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Plus it's somewhat of a moot point since I wait for them to go down in price with precious few exceptions.

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1/2 of 0 is 0, so yes, yes I would

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Chrono Trigger and Super Mario 64 were 90 dollars retail?

lol

I wait for games to be at least 20 bucks before buying anyways, no matter what.

I think I would buy significantly less than half as many games.

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Individually people may be correct with yes/no answers, but you're smart enough to know that on average, the answer is absolutely yes.

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I'm not sure I'd buy any games for that price. I don't think I can value my own entertainment so highly.

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From: SmartMuffin | #007
Individually people may be correct with yes/no answers, but you're smart enough to know that on average, the answer is absolutely yes.

Sales would go down well below half on average

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_foolmo_
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Nope. I barely buy many these days anyways.

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more like 1/6th

120 for a game **** that ****

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Nice catch BlAcK TuRtLe.
But too bad your ass got SAAAAAAAAAAACKED.*tackles*

Probably wouldn't buy any. At least not for $120.

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Black Turtle spilled my diet soda!

Id buy none.

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adjusted for inflation, my wages are lower than they were too

it makes no sense to price items beyond people's ability to afford them.

I would probably not buy a single game at that price.

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Sorry, the question isn't clear. More clear version: If games cost $120, would you buy more or less than half the games you buy now?

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90s games > 00s games

I'd probably buy...no games at all, especially not new. Would have to wait for them to come down to $60.

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If you are reading this signature, then you are wasting a great deal of your time.

what the hell is wrong with all you people?

assuming you've purchased more than one game in your lifetime, you can afford to buy a game for twice as much

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SmartMuffin - Because anything less would be uncivilized
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Chrono Trigger and Super Mario 64 were 90 dollars retail?

CT kinda was (got it for 80), Killer instinct too.


SM64 wasnt 0_o

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Nice catch BlAcK TuRtLe.
But too bad your ass got SAAAAAAAAAAACKED.*tackles*

I have no idea, but I wouldn't buy any for $120.

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$120 is past the mental block where I won't buy stuff for entertainment, except for rare circumstances. I wouldn't buy any games at that price.

$120 is past the mental block where I won't buy stuff for entertainment, except for rare circumstances. I wouldn't buy any games at that price.

If you've purchased two $60 games, you already have spent $120 on entertainment. Am I the only one around here capable of basic math?

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SmartMuffin - Because anything less would be uncivilized
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Time to subscribe to a rental service.

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From: SmartMuffin | #017
what the hell is wrong with all you people?

assuming you've purchased more than one game in your lifetime, you can afford to buy a game for twice as much

I can AFFORD to pay $100 for a Big Mac. Doesn't mean I'm gonna.

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Black Turtle spilled my diet soda!

I think you're misunderstanding the concept of how people decide how much an item's worth.

We don't just group everything together under "entertainment."

If I spent 1000 dollars on all the tens of games I own, and now you'll tell me I can spend 1000 dollars and just get one game, I would just say **** that.
1000 dollars isn't worth one game, and neither is 120 dollars.

I'm not really surprised at all the "less" answers, but I don't really believe it. I think people are bluffing, and once the reality of $120 and up games sets in, people would buy at that price. More than half what they buy now at $60 anyway.

And by the way, in this scenario, games would drop to $40 instead of $20 once they become cheap.

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90s games > 00s games

I can AFFORD to pay $100 for a Big Mac. Doesn't mean I'm gonna.

My point is, you can't say "I'd never spend $100 on food" if you already have done so.

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SmartMuffin - Because anything less would be uncivilized
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From: SmartMuffin | #017
what the hell is wrong with all you people?

I'm cheap. As a guy who has admitted to not owning a table in his house, I'd imagine you understand where I'm coming from.

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Yoblazer: http://8board.webs.com/ariel.jpg
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From: SmartMuffin | #026
I can AFFORD to pay $100 for a Big Mac. Doesn't mean I'm gonna.

My point is, you can't say "I'd never spend $100 on food" if you already have done so.

Pretty sure everyone's spent over $100 on food in their lifetime.

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Black Turtle spilled my diet soda!

'm cheap. As a guy who has admitted to not owning a table in his house, I'd imagine you understand where I'm coming from.

That's not cheap! I just don't NEED one!!!

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SmartMuffin - Because anything less would be uncivilized
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Buying games is an inherently impulsive action. Any increase in price will severely hurt that impulse. It's not rational, but that's how it works.

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_foolmo_
'You are obviously intelligent and insightful' - Sir Chris about me

From: SmartMuffin | Posted: 9/22/2011 12:42:25 AM | #017
what the hell is wrong with all you people?

assuming you've purchased more than one game in your lifetime, you can afford to buy a game for twice as much

just because you could afford it doesn't mean you'd consider any game to be worth spending $120 on

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Personally, it probably wouldn't impact how many games I buy, because I don't buy games nowadays anyways, except for the very occasional game from 2002 and earlier. And I'd pay $200, $300, $400, I dunno how much my limit is, for Chrono 3 (so you may as well try to find out, Square!), if it ever comes out.

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90s games > 00s games

I don't think I've ever even bought a game at $60, at least not a regular edition. No reason to when games drop in price so quickly.

At $120 I think it would just change from "no thanks" to "ahahahahahaha nooooooo".

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Am I the only one that finds it weird that super capitalist SmartMuffin is arguing against the market setting it's own price?

I would buy zero games for $120. Unless I can have sex with it.

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Apparently Smuffin doesn't understand elasticity of demand.

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SmartMuffin posted...
$120 is past the mental block where I won't buy stuff for entertainment, except for rare circumstances. I wouldn't buy any games at that price.

If you've purchased two $60 games, you already have spent $120 on entertainment. Am I the only one around here capable of basic math?

Shouldn't basic math tell you that two $60 games is twice as much entertainment for your dollar as one $120 game?

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From his looks Magus is Macho Man Randy Savage as an anime zombie. The black wind howls, and one of you will snap into a Slim Jim ooh yeeeah! -sonicblastpunch

Apparently Smuffin doesn't understand elasticity of demand.

I never considered video games to be so inelastic.

Also, I'm making some assumptions here. The increase in price to $120 would HAVE to be justified in some way. Either the dollar falls in value (in which case you're paying the same amount in real dollars), or the quality of video games doubles, or the demand for video games somehow rises in which case the price increase seems justified by market forces.

I suppose that if tomorrow, the exact same video games we have now doubled in price and no other conditions changed, then yeah, sales would plummet, at least in the short term. But that's a ridiculous assumption and a completely unrealistic scenario and I guess I just assumed red sox wouldn't bother asking such a pointless question.

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SmartMuffin - Because anything less would be uncivilized
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I would but TF2 for $120 in a heartbeat

and it's FREE

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_foolmo_
'You are obviously intelligent and insightful' - Sir Chris about me

For those of you saying you wouldn't buy games at $120: would your answer change if it was only big or high quality games priced at $120 (stuff like Skyrim, Skyward Sword, etc.) while more middling games were priced around $60-90 and shovelware was priced at, say, $40?

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90s games > 00s games

You know what assuming does.

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I ****ing love to cuddle.
I'm being oppressed!

SmartMuffin posted...
Apparently Smuffin doesn't understand elasticity of demand.

I suppose that if tomorrow, the exact same video games we have now doubled in price and no other conditions changed, then yeah, sales would plummet, at least in the short term. But that's a ridiculous assumption and a completely unrealistic scenario and I guess I just assumed red sox wouldn't bother asking such a pointless question.

I think you were giving this topic too much credit.

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From his looks Magus is Macho Man Randy Savage as an anime zombie. The black wind howls, and one of you will snap into a Slim Jim ooh yeeeah! -sonicblastpunch

no. I almost never buy new games anymore. This gen has been so bad.

But then again, back in like 2005 i bought persona 2 eternal punishment on amazon for $70......so ya. I might.

What I think is amusing about all this is that video games did effectively cost 120 bucks back in the early 90's, as they cost 60 each back then and inflation has essentially doubled prices.

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From: red sox 777 | #040
high quality games
Skyward Sword

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_foolmo_
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red sox 777 posted...
For those of you saying you wouldn't buy games at $120: would your answer change if it was only big or high quality games priced at $120 (stuff like Skyrim, Skyward Sword, etc.) while more middling games were priced around $60-90 and shovelware was priced at, say, $40?

I would consider this if middling games were $20-30 and shovelware was $5 or less.

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From his looks Magus is Macho Man Randy Savage as an anime zombie. The black wind howls, and one of you will snap into a Slim Jim ooh yeeeah! -sonicblastpunch

Also, I'm making some assumptions here. The increase in price to $120 would HAVE to be justified in some way. Either the dollar falls in value (in which case you're paying the same amount in real dollars), or the quality of video games doubles, or the demand for video games somehow rises in which case the price increase seems justified by market forces.

I suppose that if tomorrow, the exact same video games we have now doubled in price and no other conditions changed, then yeah, sales would plummet, at least in the short term. But that's a ridiculous assumption and a completely unrealistic scenario and I guess I just assumed red sox wouldn't bother asking such a pointless question.

It is justified though- $120 now would be the same price as video games had in the mid-1990s after adjusting for inflation. Video game prices have fallen in real dollars since then, and prices are set so rigidly now that I think companies haven't really tested the elasticity above $60. The relevant question for companies is: would sales fall in half? If they would fall by less than that, then they would make more money charging $120.

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90s games > 00s games

If all games were $120 I'd wait for them to price drop to $60 or less before buying any.

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how would this affect iphone games and indie games and such

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bad advice
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Man, I still can't believe how stupidly expensive ff3 was. And to think how bugged beyond belief it turned out.