General
Each user begun with POP$250000 which could have been invested in any of the available stocks. By taking a short survey, users were awarded an additional POP$10000. Each Monday, Wednesday and Friday a new IPO was introduced to the market. Following an IPO, users could buy or short shares of the stock based on their feelings of its practicality. To maintain fairness to new users, no user could own more than 1,000 shares of a particular stock at one time and no one could buy a particular stock for several hours after a new stock is introduced to give everyone a fair chance of purchasing it at its introductory POP$50 a share. The price of the stock was then used as an indicator of user confidence in that event and also as a way to increase one's net worth. As new information became available to the public, stocks prices were further refined as users moved to better their position on that stock.
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Famous quotes containing the word general:
“In communist society, where nobody has one exclusive sphere of activity but each can become accomplished in any branch he wishes, society regulates the general production and thus makes it possible for me to do one thing today and another tomorrow, to hunt in the morning, fish in the afternoon, rear cattle in the evening, criticize after dinner, just as I have a mind, without ever becoming hunter, fisherman, shepherd or critic.”
—Karl Marx (18181883)
“No government can help the destinies of people who insist in putting sectional and class consciousness ahead of general weal.”
—Franklin D. Roosevelt (18821945)
“There are two great rules in life, the one general and the other particular. The first is that every one can in the end get what he wants if he only tries. This is the general rule. The particular rule is that every individual is more or less of an exception to the general rule.”
—Samuel Butler (18351902)