Lehdonvirta, VILI

Virtual Economies

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ISBN 13:: 9780262535069
author:: Lehdonvirta, VILI
format:: Paperback
publisher:: MIT Press
language:: English
Publication Year:: 2017
Pages:: 306
Dimensions:: 178 mm X 229 mm
Genre:: 22.61 x 53.34 x 1.78 centimetres, Computers, Entertainment & Games, Business,
Condition:: New
Availability:: Item usually sent within 5 working days

£53.77

Current Stock: 5

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Description

Description

Understanding virtual economies is crucial in today's digital world. This book introduces the basic concepts of economics into game development and design toolkits, enabling creators to build and maintain successful virtual economies.

The authors explore how markets, institutions, and money can be applied to artificially scarce virtual goods, including those found in digital games and social media platforms. Topics include supply and demand, market equilibrium, monopoly power, and externalities.

By applying economic fundamentals, developers and designers can create engaging and sustainable virtual economies, while social scientists and policymakers can gain insight into the power of these systems.

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