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ECONOMICS OF ONLINE GAMING;A PLAYER'S INTRODUCTION TO ECONOMIC THINKING

This book is made from the connections that the author saw when he compared his experience inside a video game with what he learned through a formal study of economic theory. Set in the Massively Multiplayer Online Role-Playing Game (MMORPG) of Eternal Lands, it follows the true story of Mr. Mind, a...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Wagner, Andrew
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Place of publication not identified] BUSINESS EXPERT Press, 2020.
Colección:Issn Ser.
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a ECONOMICS OF ONLINE GAMING;A PLAYER'S INTRODUCTION TO ECONOMIC THINKING 
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505 0 |a Part I. The market. Chapter 1. Hunting rabbits, picking flowers ; Chapter 2. RIVA -- Part II. A new guild. Chapter 3. RICH is born ; Chapter 4. The dying ember ; Chapter 5. Join guild RICH -- Part III. The rise of RICH. Chapter 6. Market war I ; Chapter 7. The guild party ; Chapter 8. The Wal-Mart of eternal lands ; Chapter 9. The crafting market collapse ; Chapter 10. The RICH effect ; Chapter 11. Market war II ; Chapter 12. Market war III -- Part IV. The game changes. Chapter 13. Cooldown ; Chapter 14. The emerald valley trade route ; Chapter 15. Hydrogenium ; Chapter 16. Broken and rebuilt ; Chapter 17. The new eternal lands -- Appendix A. Who is Mr. Mind? -- Appendix B. Concepts by chapter. 
520 3 |a This book is made from the connections that the author saw when he compared his experience inside a video game with what he learned through a formal study of economic theory. Set in the Massively Multiplayer Online Role-Playing Game (MMORPG) of Eternal Lands, it follows the true story of Mr. Mind, a gamer who builds a business inside the game world that he calls RICH. This business grows from a small startup to an unregulated natural monopoly that abuses its market power by intentionally losing money to drive competitors out of business. RICH becomes so influential that it breaks the market process with a unique case of regulatory capture. Through this story, the book demonstrates how economic thinking is absorbed by experimenting inside an online video game. The book covers some basic economic concepts such as definitions that describe pieces and features of an economic system; how decisions are influenced by time and money; how supply and demand can change, and how those changes affect a market; and different forms of market structures and their effects on competition. The book also covers more unique economic issues like when boycotting succeeds and fails; the collapse of a cartel; employee loyalty; how a "bad" reputation can actually improve sales; how regulations can have unintended consequences; and who gets left behind when a market changes. 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Video games  |x Economic aspects. 
650 0 |a Video games industry  |x Economic aspects. 
650 6 |a Jeux vidéo  |x Aspect économique. 
650 6 |a Jeux vidéo  |x Industrie  |x Aspect économique. 
650 6 |a Jeux électroniques  |x Industrie  |x Aspect économique. 
650 7 |a Video games  |x Economic aspects  |2 fast 
758 |i has work:  |a ˜Theœ economics of online gaming (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCYJCrkKkXJFQjGdKxw8Ryq  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Wagner, Andrew.  |t Economics Behind the Design of an Online Video Game : A Gamer's Introduction to Economic Thinking.  |d New York : Business Expert Press, ©2019 
830 0 |a Issn Ser. 
856 4 0 |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=6111184  |z Texto completo 
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