Virtual Economies Design and Analysis

Name: Virtual Economies Design and Analysis
Price: 28.04 USD
Availability: InStock
ISBN: 9780262535069

ISBN-10: 0262535068

ISBN-13: 9780262535069

Edition: 2014

Authors: Vili Lehdonvirta, Edward Castronova, Sandra Braman, Paul T. Jaeger

List price: $50.00

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Description:

In the twenty-first-century digital world, virtual goods are sold for real money. Digital game players happily pay for avatars, power-ups, and other game items. But behind every virtual sale, there is a virtual economy, simple or complex. In this book, Vili Lehdonvirta and Edward Castronova introduce the basic concepts of economics into the game developer's and game designer's toolkits. Lehdonvirta and Castronova explain how the fundamentals of economics -- markets, institutions, and money -- can be used to create or analyze economies based on artificially scarce virtual goods. They focus on virtual economies in digital games, but also touch on serious digital currencies such as Bitcoin as…

Book details

List price: $50.00
Copyright year: 2014
Publisher: MIT Press
Publication date: 5/9/2014
Binding: Paperback
Pages: 306
Size: 7.01" wide x 8.98" long x 0.67" tall
Weight: 1.078
Language: English

Vili Lehdonvirta is a Research Fellow at Oxford Internet Institute, University of Oxford.