When auctioning my heirloom enchants, I base my TradeSkillMaster fallback price on the TUJ mean rather than the crafting cost, since the market (once it's been averaged out) probably knows better than I do how much extra markup is fair given the varying potential turnover (I'm assuming that heirloom enchants always have lower turnover than Cataclysm enchants).
For most recipes, this works fine; but it fails if for some reason I'm the only seller of an item, as is the case with The Undermine Journal. My price becomes the new mean market price, and I mark up the mean market price by a percentage to choose my new price; the end result is that the price goes up exponentially. Normally, this effect would be self-limiting since it would attract competition, but it seems not many enchanters have updated their heirloom-chant list for Cata (heirloom cloaks didn't exist in Wrath). The result is a vicious cycle.
Modding TSM to mark up by, say, one standard deviation rather than a percentage would make it even worse -- if the math works the way I think it does, it would turn a first-order positive feedback loop into second-order (although because of the time lag, the price growth would be double-exponential or something instead of hyperbolic).
Can we maybe have a feature where I can tell TSM who my bank alts are, and have them excluded when calculating the mean?
