Party EXP

[Craigus]

The party system and how it shares out EXP really confuses me and i am wondering does anyone actually understand it enough to explain it?

From my observations (could be wrong) it punishs you for teaming with lower levels and rewards you for teaming with people of similar level, there also appears to be benifits to teaming with other people assuming that everyone in party are capable of killing the same amount of monsters.

Anyone know?