The Rise of Videogame Economies | Off Book | PBS Digital Studios

submitted by Chandrajeet Biruli on 12/10/14 2

While players of multi-player games are aware of their in-game economies, their growth and complexity would surprise many outside the world of gaming. With hundreds of millions of players around the world, MMOGs' in-game economies generate massive amounts of real dollars (i.e. MILLIONS), and real world economic theories can even be applied to these worlds. Many are now so big that game developers have hired real world economists to help them manage these complex systems. But with secondary economies, gold farming and other issues surfacing, are these systems in need of more attention, or even regulation? Featuring: Prof. Robert Bloomfield, Cornell University, Johnson Graduate School of Management www.johnson.cornell.edu/Faculty-And-Research/Profile.aspx?id=rjb9 Prof. Greg Lastowka, Rutgers University lastowka.rutgers.edu/ Kyle Chayka, Journalist twitter.com/chaykak Music: 1) "Nothing Yet" by Laszlo - soundcloud.com/nocopyrightsounds/laszlo-nothing-yet 2) "Flying High" by Sacred - sacred94.bandcamp.com/track/flying-high 3) "Horizon" by Kasbo - soundcloud.com/k-sbo/kasbo-horizon-dl-in 4) "Zomboy - Game Time (Grumble Sounds Remix) by Grumble Sounds - www.youtube.com/watch?v=bAkNuQ_TIwg 5) "Was the Best (Remastered) by Amadeo Lopez - www.beat100.com/watch-video/was-the-best---remastered-with-choirs-cinematic-original-music---emotionalby-amadeo-lopez_92591/ 6) "Polyphasical" by Declan Smith - soundcloud.com/declan-smith 7) "Laurence" by Feint - soundcloud.com/feintdnb/feint-laurence More Off Book: The New Rules of Robot/Human Society youtu.be/FfwxQn3AmUQ Are Emoticons the Future of Language? youtu.be/8tWZ2JmFpx0 Is Code the Most Important Language in the World? youtu.be/Vxv0-sggnqA How To Be Creative youtu.be/weIQIthC3Ks Follow Off Book: Twitter: @pbsoffbook Tumblr: pbsarts.tumblr.com/

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