These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

EVE General Discussion

 
  • Topic is locked indefinitely.
 

Damn, Eve made the Financial Times
Author
Previous Topic Next Topic
Jonah Gravenstein
Machiavellian Space Bastards
#1 - 2013-02-14 15:48:15 UTC  |  Edited by: Jonah Gravenstein
Got this via reddit and I'm surprised it hasn't been posted yet. Article is dated 13/2/2013
Financial Times wrote:
Real lessons from virtual worlds.

On April 27, the solar system Jita was destroyed by a fleet of ships that fired on anything attempting to travel through the region. All traffic in the solar system, a major trading area for minerals and other materials, had been brought to a halt. This was not the start of a science-fiction film but the actions of gamers within Eve Online, a game in which players can take part in mining, manufacturing, trading and even piracy.
CCP, the Icelandic company behind the game, allowed the destruction to happen. “They are really driving the economic engine of Eve Online bec­ause all these ships had to be built from harvested resources,” explains Eyjólfur Gudmundsson, the gaming company’s lead economist. “War is consumption in Eve Online .”


Burn Jita is old news to us but for to make it into an economics article on FT.com is astounding.

http://pastebin.com/K2Rcj6Z7 because FT.com has a bloody paywall

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack
silens vesica
Corsair Cartel
#2 - 2013-02-14 15:50:47 UTC  |  Edited by: silens vesica
There's a reason CCP has an economics professor on-staff. Cool


Sadly, that article is behind a pay-wall. Straight

Tell someone you love them today, because life is short. But scream it at them in Esperanto, because life is also terrifying and confusing.

Didn't vote? Then you voted for NulBloc
Alice Saki
Nocturnal Romance
Cynosural Field Theory.
#3 - 2013-02-14 15:51:33 UTC
The Link Won't load but nice to know anyway ^_^

FREEZE! Drop the LIKES AND WALK AWAY! - Currenly rebuilding gaming machine, I will Return.
Caviar Liberta
The Scope
Gallente Federation
#4 - 2013-02-14 15:54:14 UTC
Jonah Gravenstein wrote:
Got this via reddit and I'm surprised it hasn't been posted yet.
Financial Times wrote:
Real lessons from virtual worlds.

On April 27, the solar system Jita was destroyed by a fleet of ships that fired on anything attempting to travel through the region. All traffic in the solar system, a major trading area for minerals and other materials, had been brought to a halt. This was not the start of a science-fiction film but the actions of gamers within Eve Online, a game in which players can take part in mining, manufacturing, trading and even piracy.
CCP, the Icelandic company behind the game, allowed the destruction to happen. “They are really driving the economic engine of Eve Online bec­ause all these ships had to be built from harvested resources,” explains Eyjólfur Gudmundsson, the gaming company’s lead economist. “War is consumption in Eve Online .”


Burn Jita is old news to us but for to make it into an economics article on FT.com is astounding.

http://www.ft.com/cms/s/0/151b8794-750f-11e2-a9f3-00144feabdc0.html#axzz2Kt807eq9


Couldn't read, don't have a subscription to ft.

Never the less, it might be a game but there are very sound economic principles that take place everyday in eve online.
Jonah Gravenstein
Machiavellian Space Bastards
#5 - 2013-02-14 15:55:21 UTC  |  Edited by: Jonah Gravenstein
Damn FT paywall :(

Fixed the link

Try http://pastebin.com/K2Rcj6Z7

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack
ITTigerClawIK
Galactic Rangers
#6 - 2013-02-14 15:58:24 UTC
can you copy and paste the full article if you can please? i really want to cut down on registering for **** that i will only use once or twice lol
Caviar Liberta
The Scope
Gallente Federation
#7 - 2013-02-14 15:58:25 UTC
Jonah Gravenstein wrote:
Damn FT paywall :(

Fixed the link

Try http://pastebin.com/K2Rcj6Z7



Thanks,

I'll read that when I have the time *on my break at work*.
Jonah Gravenstein
Machiavellian Space Bastards
#8 - 2013-02-14 16:00:22 UTC
ITTigerClawIK wrote:
can you copy and paste the full article if you can please? i really want to cut down on registering for **** that i will only use once or twice lol


Done and done, someone on reddit with a subscription kindly copypasted it over on pastebin, I've fixed the links to go there instead.

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack
Karl Hobb
Imperial Margarine
#9 - 2013-02-14 16:02:53 UTC
Quote:
Or, as Prof Castronova puts it: “Just because people are pretending to be orcs or elves, it doesn’t mean they don’t still make rational economic decisions.”

Pretending to be an orc or elf is a completely irrational economic decision. EVE is the only MMO worth playing.

A professional astro-bastard was not available so they sent me.
silens vesica
Corsair Cartel
#10 - 2013-02-14 16:03:00 UTC
Caviar Liberta wrote:
Jonah Gravenstein wrote:
Damn FT paywall :(

Fixed the link

Try http://pastebin.com/K2Rcj6Z7



Thanks,

I'll read that when I have the time *on my break at work*.
Heh. and you'll honestly be able to say you're reading the FT, much to the shock of your cow-orkers.


BTW: The 'free subscription' option will let you access the article - pretty painless registration.

Tell someone you love them today, because life is short. But scream it at them in Esperanto, because life is also terrifying and confusing.

Didn't vote? Then you voted for NulBloc
ITTigerClawIK
Galactic Rangers
#11 - 2013-02-14 16:04:03 UTC
great read, was something to keep me going at work ^_^
Jonah Gravenstein
Machiavellian Space Bastards
#12 - 2013-02-14 16:07:38 UTC
Karl Hobb wrote:
Quote:
Or, as Prof Castronova puts it: “Just because people are pretending to be orcs or elves, it doesn’t mean they don’t still make rational economic decisions.”

Pretending to be an orc or elf is a completely irrational economic decision. EVE is the only MMO.


ftfy

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack