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The RuneScape economy is very important
to most serious gamers, but until now, attempts to really understand
what is happening with prices of materials and equipment have been hampered
by a lack of useful information. The TruthScape Weighted Index of
RuneScape Prices, abbreviated TWIRP, is a project that aims
to rectify this situation by accurately tracking the prices of essential
RuneScape items, and portraying trends in a way that is helpful to gamers
and anyone else interested in MMORPG market dynamics.
TWIRP goes beyond the typical price
index in three essential ways. First, despite the singular form of the
word index in the name, TWIRP actually consists of dozens
of indexes and subindexes, which show the impact of price changes on
various skills, activities and particular aspects of the game. Second,
TWIRP indexes are weighted to match the relative importance of different
items in gameplay, and the relative importance of lower-level indexes
on higher-level measurements. And finally, TWIRP is designed so that
its indexes reflect how the game is actually played, with input costs
and output costs tracked separately in order to show what the net impact
is on the profitability of most skills and pursuits.
TWIRP aims to do a lot, and so there
is quite a bit to read if you really want to know how it works. The
two main sections that describe its functionality are Understanding TWIRP,
which provides a full description of the system, and TWIRP Index Details,
which gives you information on the 60 or so indexes that TWIRP reports
and what they signify. Those who want less to read at first will find
the TWIRP Quick Guide
more to their liking.
On a weekly basis I will be gathering
pricing information, analyzing it and generating a TWIRP
Weekly Report. These reports provide key
information about market trends for the previous week, along with lists
of gaining and losing items and indexes, graphs, commentary and more.
DISCLAIMER: TWIRP reports
and related information are provided as a free service on an as
is basis. The indexes only show past results and do not imply
future price trends. You, and you alone, are responsible for any decisions
you make based on the data provided by TruthScape.
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