Economics in the Kingdom of Loathing : Analysis of Virtual Market Data

Publikationstyp: Working Paper/Technical Report
URI (zitierfähiger Link): http://nbn-resolving.de/urn:nbn:de:bsz:352-0-271047
Autor/innen: Safferling, Christoph; Lowen, Aaron
Erscheinungsjahr: 2011
Schriftenreihe: Working Paper Series / Department of Economics ; 2011-30
Zusammenfassung:
We analyze a unique data set from a massively-multiplayer online video game economy called The Kingdom of Loathing to assess the viability of these markets in conducting economic research. The data consist of every transaction in a market with over one million players over three years of real time. We find that 1) the game markets are efficient, 2) the complexity of the product determines information diffusion times, and 3) we can classify which and how players participate in trade.
JEL-Klassifikation: C81; C99; D12; D84; G14
Fachgebiet (DDC): 330 Wirtschaft
Link zur Lizenz: Nutzungsbedingungen

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SAFFERLING, Christoph, Aaron LOWEN, 2011. Economics in the Kingdom of Loathing : Analysis of Virtual Market Data

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