Saints sign S Sorensen

AsylumGuido · 03-28-2022, 10:35 AM

Originally Posted by TheOak

That is not supply and demand lol. It has taken me a bit to reply because you had me at a loss for words. Is this one of those 'wrong or opposite answers only' internet things?

1. There is no such thing as a going rate for a top WR. Top Wide Receivers are Velbens, not Giffens and would be considered the exception to Supply and Demand even if you hadn't got it bassakwards.

2. The market is not 'adjusting' lol.

In Supply and Demand either the product supply or consumer desire is assumed constant, if one isn't relatively constant it doesn't work. In Supply and Demand an increased demand or reduced supply drive prices up (Not down), in this scenario the WR and Teams looking for them are finite and as a WR comes off the market so does a team looking for one so demand stays constant. If we start with 12WR and 10 Teams wanting WR we end with 2WR and 0 Teams... constant demand. If you start with 8WV and 10 Teams then the last 1 WRs potential goes up (not down) because there are 2 teams left wanting him... increased demand.

3. Supply in the NFL for WR will not change until draft day.
4. WR that are not on the open market do not increase supply.

A WR being signed can increase or lower the 'market value' of the remaining players but one coming off the market doesn't change the market values of the remaining WR except for the potential to make them go up as teams panic because they do not want to be left empty handed.

If you reply with more of your made up condescending BS, civility will be taken off the table.

Now I am at a loss for words. Talk about made up condescending BS.

A change in either demand, or supply, or both affects the market value. There is no need for either to remain constant except for simplification purposes for an example.

There was a limited supply of upper tier WR's when free agency began. There was also set of franchises willing and able to pay what it took to get one of these WR's. This set a very high early market price in the mind of the remaining WR's. An example is Jarvis Landry figuring $20 million per year was his value based upon the market at that point. The unwillingness of the remaining franchises in need to pay those top dollar figures on the remaining current supply of WR's is a reduction of demand which will, in turn, drive the market price point down. The quickly approaching draft also affects the market for WR's as it adds a new wave of supply into the equation.

03-28-2022, 10:35 AM	#9
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,622	Re: Saints sign S Sorensen Originally Posted by TheOak That is not supply and demand lol. It has taken me a bit to reply because you had me at a loss for words. Is this one of those 'wrong or opposite answers only' internet things? 1. There is no such thing as a going rate for a top WR. Top Wide Receivers are Velbens, not Giffens and would be considered the exception to Supply and Demand even if you hadn't got it bassakwards. 2. The market is not 'adjusting' lol. In Supply and Demand either the product supply or consumer desire is assumed constant, if one isn't relatively constant it doesn't work. In Supply and Demand an increased demand or reduced supply drive prices up (Not down), in this scenario the WR and Teams looking for them are finite and as a WR comes off the market so does a team looking for one so demand stays constant. If we start with 12WR and 10 Teams wanting WR we end with 2WR and 0 Teams... constant demand. If you start with 8WV and 10 Teams then the last 1 WRs potential goes up (not down) because there are 2 teams left wanting him... increased demand. 3. Supply in the NFL for WR will not change until draft day. 4. WR that are not on the open market do not increase supply. A WR being signed can increase or lower the 'market value' of the remaining players but one coming off the market doesn't change the market values of the remaining WR except for the potential to make them go up as teams panic because they do not want to be left empty handed. If you reply with more of your made up condescending BS, civility will be taken off the table. Now I am at a loss for words. Talk about made up condescending BS. A change in either demand, or supply, or both affects the market value. There is no need for either to remain constant except for simplification purposes for an example. There was a limited supply of upper tier WR's when free agency began. There was also set of franchises willing and able to pay what it took to get one of these WR's. This set a very high early market price in the mind of the remaining WR's. An example is Jarvis Landry figuring $20 million per year was his value based upon the market at that point. The unwillingness of the remaining franchises in need to pay those top dollar figures on the remaining current supply of WR's is a reduction of demand which will, in turn, drive the market price point down. The quickly approaching draft also affects the market for WR's as it adds a new wave of supply into the equation.
	“The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty.” — Winston Churchill