Abstract
We study the interpersonal trade network from a Massively Multiplayer Online Role-Playing Game (MMORPG), where players actively engage in the exchange and sales of goods and items in a hyperrealistic virtual environment. In this paper we introduce the concept of Standard Price (SP) of items computed from the trade network, which allows us to investigate the relation between the profitability of a trade and the structure of the social networks of the users. We find that the social network is correlated with the outcome of interpersonal trades. For instance, we observe that the margin of profit in a trade correlates with the social distance between trading partners, suggesting that social affinity implies shared information on the value of an item.
| Original language | English |
|---|---|
| Title of host publication | Studies in Computational Intelligence |
| Publisher | Springer Verlag |
| Pages | 39-46 |
| Number of pages | 8 |
| Volume | 549 |
| ISBN (Print) | 9783319054001 |
| DOIs | |
| Publication status | Published - 2014 |
Publication series
| Name | Studies in Computational Intelligence |
|---|---|
| Volume | 549 |
| ISSN (Print) | 1860949X |
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ASJC Scopus subject areas
- Artificial Intelligence
Cite this
Moneymakers and bartering in online games. / Lee, Jane E.; Kang, Ah Reum; Kim, Huy Kang; Park, Juyong.
Studies in Computational Intelligence. Vol. 549 Springer Verlag, 2014. p. 39-46 (Studies in Computational Intelligence; Vol. 549).Research output: Chapter in Book/Report/Conference proceeding › Conference contribution
}
TY - GEN
T1 - Moneymakers and bartering in online games
AU - Lee, Jane E.
AU - Kang, Ah Reum
AU - Kim, Huy Kang
AU - Park, Juyong
PY - 2014
Y1 - 2014
N2 - We study the interpersonal trade network from a Massively Multiplayer Online Role-Playing Game (MMORPG), where players actively engage in the exchange and sales of goods and items in a hyperrealistic virtual environment. In this paper we introduce the concept of Standard Price (SP) of items computed from the trade network, which allows us to investigate the relation between the profitability of a trade and the structure of the social networks of the users. We find that the social network is correlated with the outcome of interpersonal trades. For instance, we observe that the margin of profit in a trade correlates with the social distance between trading partners, suggesting that social affinity implies shared information on the value of an item.
AB - We study the interpersonal trade network from a Massively Multiplayer Online Role-Playing Game (MMORPG), where players actively engage in the exchange and sales of goods and items in a hyperrealistic virtual environment. In this paper we introduce the concept of Standard Price (SP) of items computed from the trade network, which allows us to investigate the relation between the profitability of a trade and the structure of the social networks of the users. We find that the social network is correlated with the outcome of interpersonal trades. For instance, we observe that the margin of profit in a trade correlates with the social distance between trading partners, suggesting that social affinity implies shared information on the value of an item.
UR - http://www.scopus.com/inward/record.url?scp=84958523500&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84958523500&partnerID=8YFLogxK
U2 - 10.1007/978-3-319-05401-8_4
DO - 10.1007/978-3-319-05401-8_4
M3 - Conference contribution
AN - SCOPUS:84958523500
SN - 9783319054001
VL - 549
T3 - Studies in Computational Intelligence
SP - 39
EP - 46
BT - Studies in Computational Intelligence
PB - Springer Verlag
ER -