Norrath Economic Report Now Available

Posted by Hemos on Thursday January 24, 2002 @12:31AM from the follow-up dept.

Edward Castronova writes "Some months ago, Slashdot posted a note about on a survey I was doing for a report on the economy of EverQuest. The report is done and can be downloaded (Scroll down for the Document Download button). Tidbits: Norrath's GDP per capita is higher than that of China and India; its currency sells for about a penny per platinum piece, which makes it more valuable in $US than the yen; a typical person can make about US$3.50 an hour working there by farming the bots and selling the loot; the deflation rate is almost 30 percent annually. There's also some microeconomic analysis and an overview of the MMORPG market. Comments and reactions appreciated. Thanks, Edward Castronova, Associate Professor of Economics, Cal State Fullerton."

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Real world questions by ManualCrank+Angst · 2002-01-24 02:23 · Score: 1, Troll

How many natural disasters occurred during the period in question?
How many wars?
How many recessions?
How many terrorist attacks?
How many public gaffes by major corporations/gov't leaders?
In short, how valid is it to compare a virtual, entirely deterministic world with a real economy?

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