{"product_id":"the-economics-of-online-gaming-a-players-introduction-to-economic-thinking-paperback","title":"The Economics of Online Gaming: A Player's Introduction to Economic Thinking - Paperback","description":"\u003cp\u003eby \u003cb\u003eAndrew Wagner\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003cb\u003e\u003ci\u003eThe Economics of Online Gaming\u003c\/i\u003e covers basic economic concepts, unique economic issues, and general economic themes.\u003c\/b\u003e This book is made from the connections that the author saw when he compared his experience inside a video game with what he learned through a formal study of economic theory.\u003c\/p\u003e \u003cp\u003eSet in the Massively Multiplayer Online Role-Playing Game (MMORPG) of Eternal Lands, it follows the true story of Mr. Mind, a gamer who builds a business inside the game world that he calls RICH. This business grows from a small start-up to an unregulated natural monopoly that abuses its market power by intentionally losing money to drive competitors out of business.\u003c\/p\u003e\u003cp\u003eRICH becomes so influential that it breaks the market process with a unique case of regulatory capture. Through this story, the book demonstrates how economic thinking is absorbed by experimenting inside an online video game.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe Economics of Online Gaming\u003c\/i\u003e covers basic economic concepts, unique economic issues, and general economic themes. Each of these topics begins with the context of a story and continues with an explanation of the economic theory behind it, finishing with a relevant real-world connection. It supports economic theory in an emotional way that cannot be shared through math or charts or graphs.\u003c\/p\u003e\u003cp\u003eAppendix B provides a comprehensive outline of ideas for teaching and discussion in each chapter.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003cb\u003eAndrew Wagner\u003c\/b\u003e is a dedicated gamer and a passionate advocate for economics education. He is the founder and chief investment officer of Wagner Road Capital Management, LLC, a Minnesota-based registered investment adviser. Through his firm, he provides investment consulting services to professional fund managers and manages an investment fund that identifies and invests in high-quality companies. His professional experience covers consulting projects in a wide range of investment strategies, asset classes, and industries, and his ghost-written research has appeared in national and regional publications. He has a master's degree in economics from Kansas State University.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 202\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.43 x 9 x 6 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 14, 2020\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42103529603207,"sku":"9781948580915","price":37.78,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/880b087c57235988ee82ce067500bac3.webp?v=1732414549","url":"https:\/\/booksby.splitshops.com\/products\/the-economics-of-online-gaming-a-players-introduction-to-economic-thinking-paperback","provider":"Books by splitShops","version":"1.0","type":"link"}