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TruthScape Weighted Index of RuneScape Prices (TWIRP)

Quick Links: Latest Full TWIRP Report || Latest TWIRP Index Values || Latest TWIRP Item Values || TWIRP Quick Guide || Understanding TWIRP || TWIRP Index Details

 

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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