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The Invisible Hand in Virtual Worlds - The Economic Order of Video Games (Hardcover)
Loot Price: R2,376
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The Invisible Hand in Virtual Worlds - The Economic Order of Video Games (Hardcover)
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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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