I haven’t been posting all summer due to a heavy load of math classes, but that’s over with (whew!), so I’m back.
Jeff sends me yet another intriguing link. The developer of the computer game Eve Online is employing a phd economist in order to better understand the game’s virtual economy and anticipate the consequences of gameplay tweaks. One big advantage to a simulated economy is that complete information is available on every transaction that occurs. “We watch price bubbles happen in Eve.” Cool.