In the current The Walrus there is a good (cover) article, “Game Theories“, by Clive Thompson. The article starts withy Edward Castranova’s online papers on online game economies and moves from there cover some of the emerging economic phenomena. The closing question is whether players really have ownership rights to their virtual property and what would happen if a game closed down rendering that property worthless (as may be happening to There.) Would/will people sue for lost income/value or do the game companies own it all, despite the underground economies that have emerged?
Reference: Clive Thompson, The Walrus, June 2004, p. 38 – 47.
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