1 / 12

Virtual Economies

Virtual Economies. Original topic by : Scott Woodward Chris Addy Adjusted by: Prof. Hector Munoz-Avila. Economies. Economy refers to the human activities related with the production, distribution, exchange, and consumption of goods and services

alice
Download Presentation

Virtual Economies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Virtual Economies Original topic by: Scott Woodward Chris Addy Adjusted by: Prof. Hector Munoz-Avila

  2. Economies • Economy refers to the human activities related with the production, distribution, exchange, and consumption of goods and services • A virtual economy is an economy existing in a virtual persistent world, usually in the context of a game

  3. Virtual Economies • Consist of 5 parts • Persistence • Scarcity • Specialization • Trade • Property Rights

  4. Persistence • The gaming system keeps track of • State of the world (what does this mean?) • Resources • Possessions • The gaming system maintains these permanently

  5. Scarcity • Users must expend resources • Time • Real money • Virtual money and resources • To obtain goods, resources, or services in the virtual environment • Examples?

  6. Specialization • Availability to players must vary • Limit players ability to obtain resources based either upon skills, class, or other factors • This creates conflict in the environment for available resources (alternative) • Other forms of obtaining resources?

  7. Trade • Users must be able to transfer goods and services to and from other users • Virtual objects only have meaning in context of the game • Worthless if unable to trade goods between players and the environment

  8. Property Rights • The world must record which goods and services belong to which user’s avatar • The user may dispose of the goods or services according to whim at any time via destruction, exchange or use.

  9. Types of Games and Their Economies • RTS • TBS • RPG • FPS • Board Games (Monopoly etc) • MMO • inflation

  10. Meaningful Play • Integrated outcome • By interacting with the economy you obtain resources that will further your own goals further down the road

  11. Lusory Attitude • You are willing to spend significant amounts of time or even real money to get those neat items

  12. Virtual Economies in the News • Online vendors sell currency, services or items in many online games • World of Warcraft • Everquest I & II • Second Life • EBay bans the selling of virtual goods and services • Virtual Taxation

More Related