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Annotated Games: 4 players, version 0.2

This game was played during testing of 1988. For testing purposes, the players pursued different strategies.

  1. Private company with high initial share values.
  2. Private company with low initial share values.
  3. State companies, attempting to generate early cash flow.
  4. Diverse stock portfolio, attempting to speculate in the best stock.

Setup

Player assets

  1. 600 Mkr
  2. 600 Mkr
  3. 600 Mkr
  4. 600 Mkr

Bank

  • 9 600 Mkr

First game round

Phase 0, Regional companies

Player 1 bids for A-train and player 2 for Svedab. Player 3 buys BK Tåg for 50 Mkr and player 4 buys TÅGAB for 60 Mkr. Player 1 and 2 bid for Connex and player 3 passes, after which player 4 buys Malmbanan for 70 Mkr. Player 1 gets the priority deal and the buy-bid-turns are paused for an auction for Connex. Player 1 raises her bid to 85 Mkr and player 2 passes. A-train and Svedab only have one bid each so there are no more buy-bid turns. Player 1 keeps the priority deal and gets A-train for 90 Mkr and player 2 gets Svedab for 100 Mkr.

Player assets

  1. A-train, Connex, 425 Mkr
  2. Svedab, 500 Mkr
  3. BK Tåg, 550 Mkr
  4. TÅGAB, Malmbanan, 470 Mkr

Bank

  • 10 055 Mkr

Second game round

Phase 1, Stock round

Player 1 starts Veolia with par value 100 Mkr and buys the president certificate (225 Mkr left). Player 2 starts Arriva with par value 67 Mkr (366 Mkr left). Player 3 buys the Banverket president certificate (416 Mkr left). Player 4 buys 1 Veolia certificate (370 Mkr left).

Player 1 buys a second Veolia certificate (125 Mkr left). Player 2 buys a second Arriva certificate (299 Mkr left). Player 3 buys the SJ president certificate (282 Mkr left). Player 4 buys 1 Arriva certificate (303 Mkr left).

Player 1 buys a third Veolia certificate for 100 Mkr (25 Mkr left). Player 2 buys a third Arriva certificate (232 Mkr left). Player 3 buys a Banverket certificate (215 Mkr left). Player 4 buys 1 Banverket certificate (236 Mkr left).

Player 1 passes. Player 2 buys a fourth Arriva certificate (165 Mkr left) and Arriva floats. Player 3 buys a SJ certificate (148 Mkr left). Player 4 buys 1 SJ certificate (169 Mkr left).

Player 1 passes again. Player 2 buys a Banverket certificate (98 Mkr left). Player 3 buys a Veolia certificate (48 Mkr left) and Veolia now floats. Player 4 buys 1 Veolia certificate (69 Mkr left).

Player 1 passes again. Player 2 buys a SJ certificate (31 Mkr left). Player 3 passes. Player 4 buys 1 Arriva certificate (2 Mkr left).

All players now pass and the priority deal goes to player 1.

Player assets

  1. A-train, Connex, 4 Veolia shares (President), 25 Mkr
  2. Svedab, 5 Arriva shares (President), 1 Banverket share, 1 SJ share, 31 Mkr
  3. BK Tåg, 3 Banverket shares (President), 3 SJ shares (President), 1 Veolia share, 48 Mkr
  4. TÅGAB, Malmbanan, 2 Veolia shares, 2 Arriva shares, 1 Banverket share, 1 SJ share, 2 Mkr

Company assets

  • Arriva: 670 Mkr (share value 67)
  • Veolia: 1 000 Mkr (share value 100)
  • SJ: Revenue 0 Mkr, Dividends 0 Mkr, Södra stambanan, Västkustbanan, Västra stambanan (share value 67)
  • Banverket: 0 Mkr, Cost 65 Mkr, Dividends 0 Mkr (share value 67)

Bank

  • 10 224 Mkr

Phase 1, Operating round

First, the regional companies operate. Player 1 collects 30 Mkr from Connex and leaves 10 Mkr on A-Train. Player 2 leaves 10 Mkr on Svedab. Player 3 collects 25 Mkr from BK Tåg. Player 4 collects 35 Mkr from TÅGAB and upgrades the track between Narvik and Gällivare, gaining themselves (and Banverket) another 10 Mkr. This increases the Gällivare value to 30, the Banverket cost with 5 and the SJ revenue with 5.

Next, the private companies operate. Since they have no trains and can't collect revenue yet, both Arriva and Veolia moves back on the stock market to 65 and 90 respectively. They decide not to do any lobbying, to buy three 2-trains each, and not to do any stock trade.

Finally, SJ and Banverket operate. SJ has a revenue of 5 Mkr and collects another 25 Mkr for the three line contracts. Banverket, which received 10 Mkr earlier, collects 90 Mkr for the same, less a cost of 70 Mkr. Both pay dividends of 3 Mkr and retain 0 Mkr. In addition, they get 15 Mkr each for the 5 shares still in the Bank. Since no lobbying has been done yet, SJ (or rather its president, player 3), decides to close the Sveg-Mora track and Banverket (again, its president player 3) decides to pay 10 Mkr to close a 2nd track, the Mora-Filipstad one, and turn Mora into a 0-city. This lowers the Banverket cost by 10 Mkr and increases the SJ revenue by 5 Mkr.

The last thing that happens in the operating round is the auctioning of the line contracts. Player 1 and 2, annoyed at how player 3 "abuses" her presidency in SJ and Banverket to close tracks, agree not to engage in any bid wars. Player 1/Arriva gets the Södra stambanan line contract for 40 Mkr and the Västkustbanan line contract for 20 Mkr and player 2/Veolia gets the Västra stambanan line contract for 40 Mkr.

Changed cities and tracks

  • Narvik-Gällivare: Double
  • Sveg-Mora: Closed
  • Mora-Filipstad: Closed
  • Gällivare: 30
  • Mora: 0

Player assets

  1. A-train, Connex, 4 Veolia shares (President), 55 Mkr
  2. Svedab, 5 Arriva shares (President), 1 Banverket share, 1 SJ share, 37 Mkr
  3. BK Tåg, 3 Banverket shares (President), 3 SJ shares (President), 1 Veolia share, 91 Mkr
  4. TÅGAB, Malmbanan, 2 Veolia shares, 2 Arriva shares, 1 Banverket share, 1 SJ share, 53 Mkr

Company assets

  • Arriva: 370 Mkr, 3 2-trains, Södra stambanan, Västkustbanan (share value 65)
  • Veolia: 800 Mkr, 2 2-trains, Västra stambanan (share value 90)
  • SJ: 15 Mkr, Revenue 10 Mkr, Dividends 3 Mkr (share value 71)
  • Banverket: 5 Mkr, Cost 60 Mkr, Dividends 3 Mkr (share value 71)
  • A-Train: 10 Mkr
  • Svedab: 10 Mkr

Bank

  • 10 454 Mkr

Third game round

Phase 1, Stock round

Player 1 has the priority deal and starts the stock round but passes. Player 2 sells 1 SJ share for 71 Mkr (share price falls down to 69) and buys 1 Veolia share for 100 Mkr. Player 3 buys 1 Arriva share for 65 Mkr. Player 4 passes and ends up with the priority deal.

Player assets

  1. A-train, Connex, 4 Veolia shares (President), 55 Mkr
  2. Svedab, 5 Arriva shares (President), 1 Banverket share, 1 Veolia share, 8 Mkr
  3. BK Tåg, 3 Banverket shares (President), 3 SJ shares (President), 1 Veolia share, 1 Arriva share, 24 Mkr
  4. TÅGAB, Malmbanan, 2 Veolia shares, 2 Arriva shares, 1 Banverket share, 1 SJ share, 53 Mkr

Company assets

  • Arriva: 370 Mkr, 3 2-trains, Södra stambanan, Västkustbanan (share value 65)
  • Veolia: 800 Mkr, 2 2-trains, Västra stambanan (share value 90)
  • SJ: 15 Mkr, Revenue 10 Mkr, Dividends 3 Mkr (share value 67)
  • Banverket: 5 Mkr, Cost 60 Mkr, Dividends 2 Mkr (share value 71)
  • A-Train: 10 Mkr
  • Svedab: 10 Mkr

Phase 1, Operating round

From the regional companies, player 1 collects 30 Mkr from Connex and leaves another 10 Mkr on A-Train. With that, a work tile is placed on Arlandabanan. Player 2 leaves another 10 Mkr on Svedab and places a work tile on the Öresundsbron. Player 3 collects 25 Mkr from BK Tåg. Player 4 collects 30 Mkr from TÅGAB and upgrades the track between Gällivare and Boden, increasing the gain from Malmbanan to 20 Mkr for Banverket and themselves. This increases the Boden value to 30, the Banverket cost with 5 and the SJ revenue with 5.

The private companies now have lines and trains. Veolia has +1 train capacity and runs Stockholm-Katrineholm-Hallsberg (60+20) and Göteborg-Skövde (50). The line fee is 40 Mkr and the penalty fee for not running Hallsberg-Skövde is 10. The revenue of 80 Mkr is paid as dividends, increasing the share value to 100. Arriva runs Stockholm-Norrköping (60), Malmö-Hässleholm (50) and Malmö-Lund (50). The line fees are 40+20 Mkr and Arriva does not have to pay any penalty fee. The revenue of 100 Mkr is paid as dividends, increasing the share value to 67. Both companies pay 40 Mkr for lobbying.

SJ has 20 Mkr (of which 5 Mkr is the penalty fee) in Treasury and a revenue of 15 Mkr. They pay 30 Mkr as dividends and get 18 Mkr for 6 shares in the Bank. The share value increases to 70.

Banverket has 130 Mkr in Treasury (of which 5 Mkr is the penalty fee and 100 Mkr are the contract fees) and a cost of 65 Mkr. They pay 60 Mkr as dividends and get 30 Mkr for 5 shares in the Bank. The share value increases to 75.

After discussions with the private companies, Banverket decides to accept both lobbying amounts (40+40 Mkr for 4 tracks) and pay 60 Mkr of them to complete Mälarbanan (Karlstad-Hallsberg-Västerås-Stockholm) and start working on Hallandsåsen. This opens up Mälarbanan for auction next round and increases several city values, among them Stockholm to the benefit of A-Train once Arlandabanan is completed. The three new tracks and four city upgrades along Mälarbanan increases Banverket's cost with 15 Mkr and SJ's revenue with 20 Mkr.

The auction of Mälarbanan gets no bidders (since none of the companies wanted to buy the last 2-trains yet) so SJ takes the line contract.

Changed cities and tracks

  • Narvik-Gällivare: Double
  • Gällivare-Boden: Double
  • Sveg-Mora: Closed
  • Mora-Filipstad: Closed
  • Karlstad-Hallsberg: Double
  • Hallsberg-Västerås: Double
  • Västerås-Stockholm: Double
  • Gällivare: 30
  • Mora: 0
  • Boden: 30
  • Karlstad: 30
  • Hallsberg: 50
  • Västerås: 20
  • Stockholm: 80
  • Hallandsåsen: Work
  • Arlandabanan: Work
  • Öresundsbron: Work

Player assets

  1. A-train, Connex, 4 Veolia shares (President), 117 Mkr
  2. Svedab, 5 Arriva shares (President), 1 Banverket share, 1 Veolia share, 72 Mkr
  3. BK Tåg, 3 Banverket shares (President), 3 SJ shares (President), 1 Veolia share, 1 Arriva share, 94 Mkr
  4. TÅGAB, Malmbanan, 2 Veolia shares, 2 Arriva shares, 1 Banverket share, 1 SJ share, 148 Mkr

Company assets

  • Arriva: 330 Mkr, Contacts 40 Mkr, 3 2-trains, Södra stambanan, Västkustbanan (share value 67)
  • Veolia: 760 Mkr, Contacts 40 Mkr, 2 2-trains, Västra stambanan (share value 100)
  • SJ: 23 Mkr, Revenue 35 Mkr, Dividends 3 Mkr, Mälarbanan (share value 70)
  • Banverket: 55 Mkr, Cost 80 Mkr, Dividends 6 Mkr (share value 75)
  • A-Train: 0 Mkr
  • Svedab: 0 Mkr