Virtual Economies Remain Badly Flawed Research Tools

1229493866106_us_backyard1_997 There's been a lot of work done on virtual economics over the past few years, from Indiana University studies to the Virtual Economy Research Network.

These researchers all use virtual economies as a test-bed for real-world economic policies, as well as testing grounds for real-time experiments on price, economic growth, and wages.

They had best be cautious. As Pixels and Policy reports, virtual economies are far from the hailed research tools some virtual world cheerleaders think.

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