fidoandfido / blackswan

Blackswan Stock Game
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Company behaviour - add speculative companies #26

Closed fidoandfido closed 13 years ago

fidoandfido commented 13 years ago

Idea for new company behaviour - requires two flags, "speculating", "break-through imminent".

Basically the idea is this: when a company spawns (either at the start of the game or during the course of the game as a new company) a company may be a 'speculator'.

In this case, the company will be highly leveraged, with high debts, low equity, low revenue and high expenses. At this point in time, the company is highly susceptible to becoming insolvent. Each period, there is a chance that the company will enter the state 'break-through imminent'. The next period, the company will have the 'breakthrough'

When a company has a break-through, it is granted a one time asset bonus and the revenue to expense ratio is modified to be highly profitable.

This is to simulate a research company that borrows money to research some new technology, and when there is a break-through, the company gets the asset of the research, as well as ongoing royalties. In the mining sector, this is analogous to prospecting claims, etc.

Numbers should be such that many speculative companies go insolvent, some survive just, and a few survive well, and a few become fantastic.

fidoandfido commented 13 years ago

This is flagged to be done, but requires a facility to allow new companies to spawn first.

fidoandfido commented 13 years ago

THIS IS DUPLICATE