| type/ number | private Z market | private X market | private Y market | endowments |
|
consumer 1 nine |
could sell for cents = 100 Z (buy orders were in private market) |
could buy for cents (approx) total cents = 9X+2X2 (individual orders were approximately the derivative of this) |
could buy for cents (approx) total cents = 32Y + 5/2 Y2 (individual orders were approximately the derivative of this) |
10 "bonds" (50:50 chance at 50 cents or nothing) 300 francs |
|
consumer 2 nine |
could sell for cents = 100 Z (buy orders were in private market) |
could buy for cents (approx) total cents = 9X+2X2 (individual orders were approximately the derivative of this) |
could buy for cents (approx) total cents = 30Y+ 5/2Y2 (individual orders were approximately the derivative of this) |
10 "bonds" (50:50 chance at 50 cents or nothing) 300 francs |
|
producer 1 nine |
could produce from X and Y Z = 2 X1/2 Y1/3 |
could sell 1 at 300 7 and 100 many at 75 |
could sell 6 at 100 many at 75 |
10 "bonds" (50:50 chance at 50 cents or nothing) 300 francs |
|
producer 2 nine |
could produce from X and Y Z = 2.3 X1/3 Y1/2 |
could sell 1 at 150 6 at 100 many at 75 |
could sell 6 at 100 many at 75 |
10 "bonds" (50:50 chance at 50 cents or nothing) 300 francs |
| comments | Money supply increased 50% of original supply at period 5 and again at period 7 beginnings. This happened by just depositing the francs in accounts without mentioning it. |
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