Understanding "Gold Farming" and Real-Money Trading as the Intersection of Real and Virtual Economies

Authors

  • Richard Heeks University of Manchester

DOI:

https://doi.org/10.4101/jvwr.v2i4.868

Keywords:

gold farming, virtual economics, real-money trading, MMOG

Abstract

This paper has three purposes. First, it extends the range of economic ideas that have been applied to massively-multiplayer online games (MMOGs), drawing on scale economies, exchange rates, and information failure. It does this, as its second purpose, by deepening the analysis of one relatively-neglected aspect of virtual economies

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