The Invisible Hand in Virtual Worlds
eBook - PDF

The Invisible Hand in Virtual Worlds

The Economic Order of Video Games

  1. 264 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

The Invisible Hand in Virtual Worlds

The Economic Order of Video Games

About this book

Video games aren't merely casual entertainment: they are the heart of one of the fastest-growing media industries in the world, and a cultural phenomenon in their own right. Gaming has evolved from a niche pastime into a global business that rivals film and television, creating, in the process, new art forms and social arenas and have become the subject of endless public debate. This book shows that games also provide a unique space in which to study economic behavior. Games, more than any other form of media, demonstrate the power and creative potential of human choice - an idea that's also the foundation of economic thinking. Whether it's developing trade relations, or the use of money, or even complex legal institutions, virtual worlds provide a captivating and entertaining arena for studying economic behavior in its most dynamic forms. The overarching theme of the volume is the economic order that governs virtual worlds, and the many ways individuals work together, often without knowing it, to govern their social relations in digital space.

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Information

Year
2022
Print ISBN
9781108839716
eBook ISBN
9781108967150

Table of contents

  1. Cover
  2. THE INVISIBLE HAND IN VIRTUAL WORLDS
  3. Title
  4. Copyright
  5. Contents
  6. Introduction
  7. 1. The Economic Meaning of Play: Ludology and Praxeology in Video Game Worlds
  8. 2. Spontaneous Order and Video Game Narrative
  9. 3. Law and Economics in a World of Dragons
  10. 4. Minerals, Titans, and Connections: The Political Economy of Empire in the World of EVE Online
  11. 5. The Origins of Money in Diablo II
  12. 6. A Virtual Weimar: Hyperinflation in Diablo III
  13. 7. The Facilitate or Acquire Decision: The Tipping Points for Strategies toward User-Generated Content in Massively Multiplayer Online Game Platforms
  14. 8. Mod the World: How Entrepreneurs Learn from Video Game “Modding” Communities
  15. 9. Levels without Bosses?: Entrepreneurship and Valve’s Organizational Design
  16. About the Contributors
  17. Index

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Yes, you can access The Invisible Hand in Virtual Worlds by Matthew McCaffrey in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over 1.5 million books available in our catalogue for you to explore.