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Author: Julian Dibbell Publisher: Basic Books ISBN: 0465003672 Category : Social Science Languages : en Pages : 364
Book Description
Play Money explores a remarkable new phenomenon that's just beginning to enter public consciousness: MMORPGs, or Massively MultiPlayer Online Role-Playing Games, in which hundreds of thousands of players operate fantasy characters in virtual environments the size of continents. With city-sized populations of nearly full-time players, these games generate their own cultures, governments, and social systems and, inevitably, their own economies, which spill over into the real world. The desire for virtual goods -- magic swords, enchanted breastplates, and special, hard-to-get elixirs -- has spawned a cottage industry of "virtual loot farmers": People who play the games just to obtain fantasy goods that they can sell in the real world. The best loot farmers can make between six figures a year and six figures a month.Play Money is an extended walk on the weird side: a vivid snapshot of a subculture whose denizens were once the stuff of mere sociological spectacle but now -- with computer gaming poised to eclipse all other entertainments in dollar volume, and with the lines between play and work, virtual and real increasingly blurred -- look more and more like the future.
Author: Julian Dibbell Publisher: Basic Books ISBN: 0465003672 Category : Social Science Languages : en Pages : 364
Book Description
Play Money explores a remarkable new phenomenon that's just beginning to enter public consciousness: MMORPGs, or Massively MultiPlayer Online Role-Playing Games, in which hundreds of thousands of players operate fantasy characters in virtual environments the size of continents. With city-sized populations of nearly full-time players, these games generate their own cultures, governments, and social systems and, inevitably, their own economies, which spill over into the real world. The desire for virtual goods -- magic swords, enchanted breastplates, and special, hard-to-get elixirs -- has spawned a cottage industry of "virtual loot farmers": People who play the games just to obtain fantasy goods that they can sell in the real world. The best loot farmers can make between six figures a year and six figures a month.Play Money is an extended walk on the weird side: a vivid snapshot of a subculture whose denizens were once the stuff of mere sociological spectacle but now -- with computer gaming poised to eclipse all other entertainments in dollar volume, and with the lines between play and work, virtual and real increasingly blurred -- look more and more like the future.
Author: Will Luton Publisher: New Riders ISBN: 0133411249 Category : Business & Economics Languages : en Pages : 217
Book Description
“ Will’s knowledge of F2P comes from years of building games, as well as writing about and consulting with developers on the model. All the topics covered in this book—economics, gameplay, monetization, analytics and marketing—are important to consider when you’re building an F2P game, and Will covers each with an easy-to-digest style.” —Ian Marsh, co-founder, NimbleBit Free-to-Play: Making Money From Games You Give Away is an accessible and complete guide to the business model that has revolutionized the videogames industry, creating huge hits, multi-billion-dollar startups and a new deal for players: Play for free, spend on what you like. Written by respected game designer and consultant Will Luton, Free-to-Play gives you the in-the-trenches insight you need to build, run and make money from games you give away. In it you’ll find: Psychology behind player decisions and the motivations to play Simple and accessible explanations of the math and economic theories behind F2P, including working examples Processes for capturing and using player data to improve your game Marketing tips on positioning your game and attracting players Plus: A downloadable F2P spreadsheet, articles from the author, a foreword by NimbleBit co-founder Ian Marsh and an interview with Zynga CEO, Mark Pincus.
Author: Leighton Vaughan Williams Publisher: Routledge ISBN: 113671569X Category : Business & Economics Languages : en Pages : 289
Book Description
How does one effectively aggregate disparate pieces of information that are spread among many different individuals? In other words, how does one best access the ‘wisdom of the crowd’? Prediction markets, which are essentially speculative markets created for the purpose of aggregating information and making predictions, offer the answer to this question. The effective use of these markets has the potential not only to help forecast future events on a national and international level, but also to assist companies, for example, in providing improved estimates of the potential market size for a new product idea or the launch date of new products and services. The markets have already been used to forecast uncertain outcomes ranging from influenza to the spread of infectious diseases, to the demand for hospital services, to the box office success of movies, climate change, vote shares and election outcomes, to the probability of meeting project deadlines. The insights gained also have many potentially valuable applications for public policy more generally. These markets offer substantial promise as a tool of information aggregation as well as forecasting, whether alone or as a supplement to other mechanisms like opinion surveys, group deliberations, panels of experts and focus groups. Moreover, they can be applied at a macroeconomic and microeconomic level to yield information that is valuable for government and commercial policy-makers and which can be used for a number of social purposes. This volume of original readings, contributed by many of the leading experts in the field, marks a significant addition to the base of knowledge about this fascinating subject area. The book should be of interest to anyone looking at monetary economics, economic forecasting and microeconomics.
Author: Stefan Luckner Publisher: Springer Science & Business Media ISBN: 3834970859 Category : Business & Economics Languages : en Pages : 152
Book Description
Accurate predictions are essential in many areas such as corporate decision making, weather forecasting and technology forecasting. Prediction markets help to aggregate information and gain a better understanding of the future by leveraging the wisdom of the crowds. Trading prices in prediction markets thus reflect the traders’ aggregated expectations on the outcome of uncertain future events and can be used to predict the likelihood of these events. This book demonstrates that markets are accurate predictors. Results from several empirical studies reported in this work show the importance of designing such markets properly in order to derive valuable predictions. Therefore, the findings are valuable for designing future prediction markets.
Author: Cynthia Elliott Cpa Publisher: AuthorHouse ISBN: 1463438109 Category : Finance, Personal Languages : en Pages : 200
Book Description
pDO YOU KNOW YOUR ABCs TO FINANCES? Are you able to make dollars and sense out of them? Does your family have financial independence? If you answered "no" to any of these questions, then "ABCs that make cents" is just for you. It is essential for everyone to apply these ABCs to their own money management system. You will learn how to apply the knowledge and translate it to your own personal life, your children and everyone in your family; it's as simple as 1-2-3. If you do not learn this at an early age, then you and your family could miss out on various opportunities needed in order to survive and succeed financially in these times. "ABCs that make cents" will provide ways for you to manage your finances, ways to enforce budgeting and saving and ways to set goals to build wealth. The instructions provided are for you to carry forward and follow daily. The direction for the parent is to have funds for rainy days, emergencies, special occasions, big events and retirement. As a family, you will learn special techniques that will be amusing for the adult and entertaining for your children of all ages. These tools are crucial for your future well- being and for the name sake of your youngsters. Allow "ABCs that make cents" to help you get up, stay up and initiate ascending up to higher financial grounds. This book is definitely a Godsend. Stop stumbling at base level zero and start climbing to financial wealth by using the ABCs detailed in this book. Quotes regarding my book: You are about to embark on a voyage into monetary enlightenment. Enjoy your journey. You will be rewarded. J. David Spiceland, PhD, CPA, Professor of Accountancy. Cynthia's publication comes at a great time when people are in need of professional advice concerning their finances. She has hit a home-run. Laurence V. Plummer, Sr., President, Plummer Financial Services, LLC. Cynthia has done an excellent job of capturing my weakness when it comes to my motivation to spend... I'm elated with the solutions she offers and I will make sure all of my friends and family have a copy of this book. Marilyn Kelley, Business Instructor and friend - Dallas, Texas. "ABCs that make cents" has practical tools; it's filled with great ideas to building a successful financial plan for your family, needed especially during these economic times. Christine Shipman, CPS - Miami, Florida.
Author: Michael Abramowicz Publisher: Yale University Press ISBN: 0300144954 Category : Business & Economics Languages : en Pages : 364
Book Description
Predicting the future is serious business for virtually all public and private institutions, for they must often make important decisions based upon such predictions. This text explores how institutions might improve their predictions and arrive at better decisions by means of prediction markets.
Author: Tony Bradshaw Publisher: Morgan James Publishing ISBN: 1683509447 Category : Business & Economics Languages : en Pages : 174
Book Description
The Millionaire Choice inspires and equips anyone with hopes for a better financial future. Tony Bradshaw grew up in a financially challenged home in a lower income area of Nashville, TN. In his mid 20s, he found himself following in his family’s footsteps of debt and financial struggle. Then at age 25, he experienced a financial wake-up call that changed his future forever: he decided to break his family’s cycle of financial mismanagement and become a millionaire by 40 years old. It’s what Tony calls making the millionaire choice. Regardless of circumstance or family background, everyone has the ability to make choices that affect their future positively or negatively. In The Millionaire Choice, Tony shares the principles and actions he applied during his journey to becoming a millionaire to reveal how, with the right financial knowledge and choices, anyone can become a millionaire.