Economic Theory and MMOGs . AGDC – September 7, 2006 Sam Lewis. What is this about?. Summary of 2 GDC Roundtables Monetary Policy – managing the money supply Market Structure – creating a trading structure Industrial Organization – creating crafting/business relationships. Who Am I?.
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AGDC – September 7, 2006
Summary of 2 GDC Roundtables
The study of how the forces of supply and demand allocate scare resources in a society.
Thanks to Dan Speed – EVE Online
Thanks to Ahn Sang Hoon - Seal Online
“You can’t screw it up any worst than it already is.”
- Gordon Walton
Could be Considered Fun
Plan for Commodity Currency
Tie the Drain to Price Level
Two Player Economy
Because Prices Increase-
Non-inflationary Solutions –
What Market Structure should be used?
Homogeneity of Product
Freedom of Entry and Exit
No/Low Transaction costs
Infinity Divisible Goods
Few Sellers, Many Buyers
Barriers to Entry and Exit
Infinity Divisible GoodsMarket Structures
Differentiate Goods Based on -
In conflict with few Sellers/Many Buyers
Player’s Currency is Their Time
Caused by Oligopsony Structure
Caused By Natural Monopoly Structure