Gold Farmers: Deviancy is just a name (Part I)

on Oct 5, 2011
Gold Farming has gathered a lot of media attention lately because of a recent prison scandal in China involving . For the benefit of the readers who may not be familiar with gold farming, here is a brief description of this phenomenon: Gold Farming...

Not as good as you think - Guild rankings reconsid...

on Sep 12, 2011
With two documentaries out or upcoming on the subject of end-game raiding, I think now would be a good time to present some work on an alternative guild ranking I developed this summer with Ted Castronova's guidance and support. If you're a...

EVE Online dev team to provide economic data to pl...

on Aug 30, 2011
Thanks to Ted Castronova for the heads up: It appears that the economists who help manage the virtual economy of EVE Online are going to provide public access to price data. While price data might not give us tremendous insights into player...

It’s not the economy, stupid!

on Aug 22, 2011
Once upon a time, I thought virtual worlds were the holy grail of economics research – magical lands where ceteris paribus was king, and every hypothesis was a few regressions away from confirmation or rejection. For five years, I’ve...

Social Capital in MMOs?

on Jun 22, 2011
In the last post I discussed the pitfalls inherent in thinking about virtual worlds and the "real" world in a dichotomous manner. An interesting issue that the mapping question raises is the question of efficacy of models from one domain in the...

Revisiting Virtual Worlds Reseach

on May 19, 2011
I recently came across an article by Villi Lehdonvirta on the dichotomous thinking regarding Virtual Worlds i.e., a lot of virtual worlds research assumes that online virtual worlds and the offline "real world" are somehow fundamentally different....