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ZeniMax Online and Bethesda's decision to release The Elder Scrolls Online as a subscription-based game unleashed a fresh wave of debate on the future of MMO payment models and the unique advantages and drawbacks offered by each. Virtual economist Isaac Knowles is the latest expert to offer his opi...

1 year ago 0 Comments
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Economist Yanis Varoufakis was analyzing the financial crisis in Europe, focusing on Greece, when he got a proposal seemingly out of nowhere. Valve co-founder Gabe Newell saw similarities between the situation in Europe and Valve's troubles with its own virtual economies (for DOTA 2 and Team Fortre...

2 years ago 0 Comments
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Kerry Fraser-Robinson, the founder of virtual world developer RedBedlam, stated in an interview with GamesIndustry.biz that the industry should focus more on integrating gold farming into the game design, rather than attempting to stomp it completely out of the system. "It's going to happen whethe...

6 years ago 0 Comments
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Phil Elliott from Gamesindustry.biz recently conducted an interview with CCP Games Lead Economist Dr. Eyjólfur Guðmundsson (known as CCP Dr. EyjoG) titled "Star Bucks." While the interview discussed the importance of social structures in EVE Online given the game's single-shard nature and...

6 years ago 0 Comments
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EVE Online is unique among MMOs in that its economy is so complex and dynamic that CCP Games hired an economist, Dr. Eyjólfur Guðmundsson, to keep track of how the market evolves. One would imagine this is no easy task, with an overall trade value of all EVE markets ranging between 2 and...

6 years ago 0 Comments
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Speaking at the Games Convention in Leipzig, EVE Online economist Dr. Eyjolfur Gudmundsson suggested that the game's 245,000 players drive its development and innovation even more than the team at CCP does. That could be construed as populist pandering, for sure, but Gudmundsson -- who was addressin...

6 years ago 0 Comments
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Live Gamer, the legit Real Money Trading (RMT) company that handles all legal transactions for EverQuest II and other games, has brought on "noted virtual econonomist" Vili Lehdonvirta. Lehdonvirta is a former game designer who now researches virtual consumerism at the University of Helsinki and the...

6 years ago 0 Comments
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The good folks over at the BBC have a writeup centered around EVE Online's very own economist, Dr. Eyjo Guðmundsson, also known as the guy CCP has hired to keep an eye on EVE's economy and to make parallels between money movements in the real and virtual worlds. There's not too much new informat...

7 years ago 0 Comments
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We got an official release date for EVE Online's next expansion, Trinity, at the FanFest over the weekend. If you're an EVE player, make sure to leave the first week of December open, because that's when you'll be playing with all the cool new ships and updates in Trinity. Of course, the fun start...

7 years ago 0 Comments
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The Economist has published an article that explores some of the lessons other companies can learn from Apple's journey through the industry, as well as it's unique practices towards product design and customer relations. Specifically, the article outlines four lessons other companies should take no...

7 years ago 0 Comments
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It's not everyday that a 160+ year old magazine with circulation of over a million readers talks about your system. So even though today's Economist story on the Wii offers very little new information, it's still important as a reflection of the buzz the system is getting in financial circles. The a...

8 years ago 0 Comments