Challenges and Opportunities in Economics Experiments in Virtual Worlds

Haruvy, Ernan

doi:10.4284/0038-4038-78.1.1

Cited by 4 publications

(1 citation statement)

References 16 publications

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“…Virtual worlds or games could serve as an alternative to complicated field experiments. They can create a setting that is as close in perception as possible to the real world [9] and have the potential to provoke a naturalistic player response. Subjects will play the game in a situation similar to classical economic experiments.…”

Section: Serious Economic Gamesmentioning

confidence: 99%

Serious Economic Games: Designing a Simulation Game for an Economic Experiment

Wanner¹

2014

Design, User Experience, and Usability. User Experience Design for Diverse Interaction Platforms and Environments

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This project proposes the design of a Serious Game for an economic experiment. The analysis of existing games and research into current practices and requirements in economic experimentation are combined to create a Serious Economic Game. It is found that laboratory experiments are conducted in a way that prevents immersion. A game using a visual representation of the economic model and presenting input in the form of gameplay decisions has the potential to provoke a naturalistic player response through immersion. Case studies of existing games show various ways in which to achieve player engagement and immersion. The employed "aesthetic" approach to game design involves detailed, photorealistic graphics and sound bound to diegesis to demand the attention of players and therefore facilitate immersion.

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Section: Serious Economic Gamesmentioning

confidence: 99%

Serious Economic Games: Designing a Simulation Game for an Economic Experiment

Wanner¹

2014

Design, User Experience, and Usability. User Experience Design for Diverse Interaction Platforms and Environments

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Could the Virtual be Similar to the Real? A First Look from an Efficient Markets Perspective

Yang

2013

Quart. J. of Fin.

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In recent years, increasing effort has been devoted to the study of virtual world economies due to their potential of increasing our understanding of the real world economy, and vice versa. Due to a scarce availability of reliable global data, previous virtual world economic studies have been largely limited to qualitative observations. This paper presents novel financial data and is the first to apply a time series approach to the forecasting of virtual commodity prices. The results are assessed against the random walk and, from an efficient markets perspective, evaluates the potential of virtual worlds becoming experimental simulations for the real.

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Immersive Technologies Affecting Psychological Factors that Lead to Voluntary Pro-Environmental Behavior: A Transdisciplinary Survey

Buljat¹

2022

SSRN Journal

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Challenges and Opportunities in Economics Experiments in Virtual Worlds

Cited by 4 publications

References 16 publications

Serious Economic Games: Designing a Simulation Game for an Economic Experiment

Serious Economic Games: Designing a Simulation Game for an Economic Experiment

Could the Virtual be Similar to the Real? A First Look from an Efficient Markets Perspective

Immersive Technologies Affecting Psychological Factors that Lead to Voluntary Pro-Environmental Behavior: A Transdisciplinary Survey

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