Apr 2, 2010

Why Behavioral Economists Love Online Games - Daniel Lyons - Newsweek.com

I've always been fascinated by the economics of virtual money.why would anyone pay money for a jpg of flowers? And why does the jpg of flowers cost less than the jpg of a diamond ring??

The idea of studying behavior in virtual marketplaces is starting to catch on among academics. The focal point of the effort is the Virtual Economy Research Network, which serves as a kind of clearinghouse for scholars who are interested in studying virtual goods and virtual currencies



Why Behavioral Economists Love Online Games - Daniel Lyons - Newsweek.com

1 comment:

Anonymous said...

This is a good study. I want to tackle that when I was in college two years ago but that requires so much time because of its complexity.

I guess it has something to do with the marketers more than the users and buyers I guess.

Online games is a big industry since it caters children and adult unlike diamond.

Stac
Parking Games