Analysis of the Relationship between Virtual Goods Trading and Performance of Virtual Worlds

Jung, Gwangjae; Lee, Byungtae; Yoo, Byungjoon; Brynjolfsson, Erik

doi:10.2139/ssrn.1938313

Cited by 4 publications

(2 citation statements)

References 14 publications

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“…This has turned the VE into an open economy with a free exchange rate, where the exchange rate is determined based on the demand and supply of the currency (as is the case in SL). While in other VWs, the exchange rate is fixed, such as Entropia Universe Dollars (PED), which has a fixed exchange rate of 10 PED for each US US$1 (Alves & Roque, 2007;Heeks, 2009;G. Jung et al, 2011;Messinger et al, 2009).…”

Section: Group D: Studies Focused On Digital Intellectual Property An...mentioning

confidence: 99%

A Survey of Research in Real-Money Trading (RMT) in Virtual World

Nazir

Lui

2017

International Journal of Virtual Communities and Social Networking

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This paper presents a set of data relating to the investigation of RMT in the virtual world (VW) and social capital associated with RMT platforms. The investigation is carried out using five main research databases: Science Direct; Emerald Insight; Springer Link; Proquest Database; and IEEE Xplore; with a total of 161 research papers. The objective of this survey study is to highlight areas of strength and weakness in current RMT research in VW and its social capital. This study also presents the basic RMT classification based on these previous studies.

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Section: Group D: Studies Focused On Digital Intellectual Property An...mentioning

confidence: 99%

A Survey of Research in Real-Money Trading (RMT) in Virtual World

Nazir

Lui

2017

International Journal of Virtual Communities and Social Networking

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“…Meanwhile, more users need to enjoy a game for an MMORPG's virtual reality to be massive. Therefore, the number of users is important for sustainability of MMORPG and for developers who earn profit from the users, as profits of an online game come from its playing time [26]. Thus, like the existing literature, we focus on the effect of RMT on game usage.…”

Section: Rmt Narrative Structure and Playing Mmorpgsmentioning

confidence: 99%

The Interplay between Real Money Trade and Narrative Structure in Massively Multiplayer Online Role-Playing Games

Park

Lee

2017

International Journal of Computer Games Technology

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A narrative structure is one of the main components to constitute the genre of Massively Multiplayer Online Role-Playing Games (MMORPGs). Meanwhile Real Money Trade (RMT) enables a player to adjust an ex post level of challenge by skipping the narrative structure of a game. However, RMT may concurrently disturb a player who enjoys game following the narrative structure hierarchically. In pursuance of developing the knowledge about the relationship between RMT and the usage of MMORPG, we investigate the role of the strictness of predetermined narrative structure. We present the dual structure of societies to describe a player that arbitrarily decides to reside in a virtual society. Then we adopt the social nominalism to explain how individual motif of playing a game is expanded to the nature of game. Finally, we argue that a game with weakly predetermined narrative structure is more positively associated with RMT volume, since these games arouse a player’s sentiment of fun by relying more on their socially oriented motivation. With empirical evidence from the Korean MMORPGs market, we proved the hypothesis.

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A Survey of Research in Real-Money Trading (RMT) in Virtual World

Nazir

Lui

Digital Currency

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Analysis of the Relationship between Virtual Goods Trading and Performance of Virtual Worlds

Cited by 4 publications

References 14 publications

A Survey of Research in Real-Money Trading (RMT) in Virtual World

A Survey of Research in Real-Money Trading (RMT) in Virtual World

The Interplay between Real Money Trade and Narrative Structure in Massively Multiplayer Online Role-Playing Games

A Survey of Research in Real-Money Trading (RMT) in Virtual World

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