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Gaian Economics and the new 2% fee for trades

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Floyd

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PostPosted: Thu Aug 23, 2007 10:02 pm


http://www.gaiaonline.com/forum/viewtopic.php?t=31618999

Not a bad idea if you can suffer the details.

Me, I don't sell or buy enough in the marketplace anymore for this to be a burden. I'm glad Raven got his multi-million gold payout before this bomb fell from the Gaian skies.

Discuzzle it to death, y'all!
PostPosted: Fri Aug 24, 2007 1:07 am


The fact that their are professional economists who end up studying virtual economies depesses me.

magnumT


BlackRavenWyrd
Crew

PostPosted: Fri Aug 24, 2007 11:03 am


Hell even if I was selling my letter during this time. 2% of a million isn't that bad.

In the real world though, adding 2% to my taxes... oh you'd have me steamed.
PostPosted: Fri Aug 24, 2007 1:41 pm


magnumT
The fact that their are professional economists who end up studying virtual economies depesses me.


I'd think if I was an economist a giant virtual economy would be fascinating to study, especially since there are so many young people using Gaia.

grace


City Slab Horror

PostPosted: Mon Aug 27, 2007 8:46 pm


grace
magnumT
The fact that their are professional economists who end up studying virtual economies depesses me.


I'd think if I was an economist a giant virtual economy would be fascinating to study, especially since there are so many young people using Gaia.
Still, the effort seems a bit on the this-is-serious-business side to me.
PostPosted: Wed Aug 29, 2007 3:36 pm


magnumT
The fact that their are professional economists who end up studying virtual economies depesses me.

It shouldn't.
It's actually an economical study that closely resembles the behavior of actual economics. All the factors that would usually affect a real life economy do affect a virtual economy such as Gaia's, and as such is a good place to observe and experiment with complete anonymity some of the intricacies of the system.

Renardius
Still, the effort seems a bit on the this-is-serious-business side to me.


For economists, economy is serious business, regardless of its reality/virtuality.

Anatole_serial


magnumT

PostPosted: Thu Aug 30, 2007 5:37 pm


serial_experiments
magnumT
The fact that their are professional economists who end up studying virtual economies depesses me.

It shouldn't.
It's actually an economical study that closely resembles the behavior of actual economics. All the factors that would usually affect a real life economy do affect a virtual economy such as Gaia's, and as such is a good place to observe and experiment with complete anonymity some of the intricacies of the system.

Gaia's 'economy' has about as much similarity to a real world economy as WoW's combat has to actually fighting a monster in real life. One would better study the economy in something like EVE Online, where anything you can buy can, and is, produced by players (not withstanding that EVE is a horrible and tedious waste of time, no matter how exciting its players try to paint it to be).
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AYGGS General Discussion thread

 
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