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- W3201486384 abstract "This chapter explores the economic meaning of video games and virtual worlds. Section 2 outlines the scope of video game economics and several different types of research included under this umbrella term. Section 3 then explores one of these types in more detail by examining the relationships between action, choice, and economics on the one hand and games and play on the other. Section 4 builds on this insight by exploring the economics of gameplay, especially how the structure of video games implies a series of economic problems that players solve: scarcity, choice and tradeoffs, opportunity cost, specialization and division of labor, trade, and entrepreneurship. Section 5 then discusses virtual worlds and their relation to real-world economies. Section 6 concludes with some thoughts on the purpose, value, and limitations of video game economics." @default.
- W3201486384 created "2021-09-27" @default.
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- W3201486384 date "2021-01-01" @default.
- W3201486384 modified "2023-09-26" @default.
- W3201486384 title "The Economic Meaning of Play: Ludology and Praxeology in Video Game Worlds" @default.
- W3201486384 hasPublicationYear "2021" @default.
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