{"id":26225,"date":"2015-01-31T01:00:24","date_gmt":"2015-01-31T06:00:24","guid":{"rendered":"http:\/\/quotulatiousness.ca\/blog\/?p=26225"},"modified":"2017-04-15T13:42:32","modified_gmt":"2017-04-15T17:42:32","slug":"qotd-mmo-economies","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2015\/01\/31\/qotd-mmo-economies\/","title":{"rendered":"QotD: MMO economies"},"content":{"rendered":"<blockquote><p>A multiplayer game environment is a dream come true for an economist. Because here you have an economy where you don&#8217;t need statistics. And elaborate statistics is what you use when you don&#8217;t know everything, you&#8217;re not omniscient, and you need to use something in order to gain feeling as to what is happening to prices, what is happening to quantities, what&#8217;s happening to investments, and so on and so forth. But in a video game world, all the data are there. It&#8217;s like being God, who has access to everything and to what every member of the social economy is doing.<\/p>\n<p>Yanis Varoufakis, talking to Peter Suderman, <a href=\"http:\/\/reason.com\/archives\/2014\/05\/07\/a-multiplayer-game-environment\" target=\"_blank\">&#8220;A Multiplayer Game Environment Is Actually a Dream Come True for an Economist&#8221;, <em>Reason<\/em><\/a>, 2014-05-30.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>A multiplayer game environment is a dream come true for an economist. Because here you have an economy where you don&#8217;t need statistics. And elaborate statistics is what you use when you don&#8217;t know everything, you&#8217;re not omniscient, and you need to use something in order to gain feeling as to what is happening to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,14,41],"tags":[1093,192],"class_list":["post-26225","post","type-post","status-publish","format-standard","hentry","category-economics","category-gaming","category-quotations","tag-macroeconomics","tag-mmorpg"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-6OZ","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/26225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=26225"}],"version-history":[{"count":1,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/26225\/revisions"}],"predecessor-version":[{"id":26226,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/26225\/revisions\/26226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=26225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=26225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=26225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}