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"Worrying trend"

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Mon 05/02/01 at 13:48
Regular
Posts: 787
Games are getting more expensive, not just in terms of price, but also in terms of the percentage of your weekly moolah they bite into.

A recent study conducted by my good self, spanning the last 8 years, compared the cost of computer games (Megadrive, Sony, Nintendo) against 3 common indices, the RPI, (Retail Prices Index), the AEI (Average Earnings Index), and a Mars Bar. You may think that the last item is strange, but in the world of statistics, the Mars Bar is actually a very good indicator of inflation, as it's usually unvarying with the difference between the AEI and the RPI.

So, whilst the humble Mars Bar will still take the same percentage of your weekly earnings today as it did 8 years ago, the games you buy for your console are actually eating an extra 17% more of your money today than they did 8 years ago. (Using average earnings statistics for 1993 showed that a Megadrive game back then would only take about 5% of your weekly wage to buy). Now a Dreamcast game can eat up 23% of your weekly wage, going on it's current RRP.

The trend is also ever upwards, unlike the RPI, the AEI and the Mars Bar. The RPI and AEI have always snaked about a bit, sometimes with the AEI graph above the RPI (everything seems cheap, good for us) and sometimes below it (everything seems expensive, bad for us). The Mars Bar is a nice gentle curve between the modal points of the AEI and RPI graphs.

But console games? Very nearly a straight line, and always going upwards from left to right. Common sense says that this should flatten out. But when? We have only had indications recently that as games are getting more sophisticated in design and content that this worrying trend will continue, and it will get to the stage where they are eating more than 50% of the average weekly wage within 4 years if the current slope of the graph is indicative of things to come.

But, statistics also predict that by the year 2004 94% of the world's population will be Elvis Presley impersonators, so don't let the numbers fool you.

Still, I don't like the look of these results.
Mon 05/02/01 at 15:24
Regular
"Eric The Half A Bee"
Posts: 5,347
I think everbody knows were getting ripped of with the price of games... especially console games...

But does anyone really care enough to do anything about it?

Mon 05/02/01 at 15:23
"Darkness, always"
Posts: 9,603
Me, but I shop there plenty.

Who here is actually in Egham?
Mon 05/02/01 at 15:23
Posts: 0
Hey, who is on here who isn't actually a member of SR?
Mon 05/02/01 at 15:21
Regular
"not dead"
Posts: 11,145
Insane Bartender wrote:
> Does anyone seriously believe that games are
> overpriced?

But it would be nice if they were cheaper....
Mon 05/02/01 at 15:21
Posts: 0
Insane Bartender wrote:
> Does anyone seriously believe that games are
> overpriced?

No.


urrr, yes! as I'm young (as is the great tradition youngness) I can't afford 40 quid a game. Luckily most N64 game rrps are coming down to 35 quid. Which is very nice
Mon 05/02/01 at 15:18
"Darkness, always"
Posts: 9,603
Does anyone seriously believe that games are overpriced?

No.

And no you can't have a pint, as I'm no longer a bartender, I am instead, much more wealthy.... HAHAHAHAHAAAA!!!!

Insane Bartender...
Mon 05/02/01 at 15:16
Posts: 0
Armatige Shanks wrote:
> azzido : why not? ... Just taking the p*ss ;)

lol
Mon 05/02/01 at 15:15
Posts: 0
s'what i just said
Mon 05/02/01 at 15:15
Regular
"Eric The Half A Bee"
Posts: 5,347
azzido : why not? ... Just taking the p*ss ;)
Mon 05/02/01 at 15:14
Regular
"not dead"
Posts: 11,145
SNIPER wrote:
> Remeber turok 1 for £60!

Indeed I do.

It was taking advantage of the fact that there were only around 4 other games available at the time, and no more due for another month.

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