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In today's episode, I have Nick Peters of Deeper Waters ministries on the podcast. Nick Peters is a Christian Apologist and theologian who has recently devoted his research to, believe it or not, video games! Specifically, video games and the psychology surrounding it as well as the theological aspects of it. In fact, he gave an entire talk at the Defend conference last year on this very subject. Why do people play video games? Why are so many adults interested in video games? Is there anything particularly wrong with adults playing video games? And what would happen if we took life as seriously as we took video games? These topics and more are discussed in this episode. For more content from Nick Peters, go to www.deeperwaters.com "Life Is A Game: What Game Design Says about the Human Condition" by Edward Castronova -- https://www.amazon.com/Life-Game-Design-about-Condition/dp/1501360612 "The Gaming Mind: A New Psychology of Video Games and the Power of Play" by Alexander Kriss PhD -- https://www.amazon.com/dp/B07WFXCTP4/ref=adbl_dp_wfv_kin --- Support this podcast: https://podcasters.spotify.com/pod/show/evan-minton/support
Join Federico Ast, President of Cooperative Kleros in his chat with Edward Castronova, a professor of Telecommunications at Indiana University. Edward is a pioneer in the field of virtual economies and online gaming and author of groundbreaking research on economics of virtual worlds.
Bronwyn Williams & Edward Castronova | The Small Print If people can inhabit virtual worlds that are more alluring and gratifying than reality, then how can the real world ever compete? In this episode of The Small Print, Brownyn speaks to professor Edward Castronova about the phenomenon of virtual realities. They discuss VR's rising relevance, how economies inside these worlds can affect real-life financial systems, and what sort of impact these new technologies can — and will — have on business, culture, and society at large. Bronwyn Williams is a futurist, economist, trend analyst and host of The Small Print. Her day job as a partner at Flux Trends involves helping business leaders to use foresight to design the future they want to live and work in. You may have seen her talking about Transhumanism or Tikok on Carte Blanche, or heard her talking about trends on 702 or CNBC Africa where she is a regular expert commentator. When she's not talking to brands and businesses about the future, you will probably find her curled up somewhere with a (preferably paperback) book. She tweets at @bronwynwilliams. Twitter Flux Trends Website Edward "Ted" Castronova is a professor of media at Indiana University Bloomington and is best known for his work on virtual economics. He holds a PhD in Economics from the University of Wisconsin-Madison, one of the top economics programs in the country. There, he studied statistics and cost-benefit analysis, fields that provide the tools necessary to put real dollar values on virtual goods. His research as a mid-career professor – four books and dozens of articles – shows that people in virtual worlds are economically rational, and that virtual macroeconomies operate like real ones. Now a senior professor, Castronova serves as a consultant and board member for a wide variety of enterprises. Website Subscribe to our Substack. Follow us on Social Media: YouTube LinkedIn Facebook Twitter Instagram Subscribe to the Discourse ZA Podcast: iTunes Stitcher Spotify RSS feed
¿Economía en los Videojuegos? ¡Así es! Como una práctica social que realizamos constantemente, en éste capítulo conversamos sobre la economía en los videojuegos y cómo éstos, finalmente, son una representación y reproducción de los ideales del capitalismo tardío. Analizamos de qué manera realizamos transacciones, cómo el ambiente del juego no necesariamente determina el tipo de transacción, y de qué modo los videojuegos podrían ser un excelente campo de análisis para aplicar formar de economía más justas en la realidad. Recuerden que pueden escribirnos a nuestro mail gamingyciencia@gmail.com Lecturas: “Dreams of Accumulation: The economics of SF Video Games” de David Higgins (2016). “Video Games, Virtual Worlds and Economics” de Isaac Knowles, Edward Castronova and Travis Ross en Handbook on the Economics of the Media. “Don't Hate the Player, Hate the Game: The Racialization of Labor in World of Warcraft” de Lisa Nakamura. Link Video: Fake economies in Minecraft https://www.youtube.com/watch?v=kpSVG3PyWv0 Link Video: Hyperinflation, Reserve Currencies & you! https://www.youtube.com/watch?v=sumZLwFXJqE MÚSICA: Arreglos realizados por DDBY Website: https://ddby.jp/ YouTube: https://www.youtube.com/channel/UCxn0A7y8AELD3gz-pgBCNBg Twitter: https://twitter.com/d_bizen
Edward Castronova is an Economist, Professor of Media at Indiana University, and a lifelong gamer. He has invested his work in understanding the cultural phenomena of games, video games, virtual worlds, and virtual economies. He has written several books, but in this episode we discuss his latest release Life is a Game. ------For more information go to www.planetgabo.comFollow and Subscribe for more content!-------Guest Plugs: www.edwardcastronova.com-------Planet Gabo:Twitch: www.twitch.tv/planetgaboTwitter: www.twitter.com/planetgaboFacebook: www.facebook.com/planetgaboYoutube: https://www.youtube.com/channel/UCAQJOLP8bdDPcXe5becxCswDiscord: https://discord.gg/xArpTKv Player vs Life Podcast:Apple Podcast: https://podcasts.apple.com/us/podcast/player-vs-life/id1505237304Spotify:https://open.spotify.com/show/3CVl0OCJ9oyI1FkmQ899HS?si=VIsYDjClS2C_QQrvjTsVxQGoogle Podcast: https://podcasts.google.com/?q=player%20vs%20life#gaming #podcast #streamer #twitch #facebookgaming #youtubegaming #playervslife #gamer #lifeexperience #life
Edward Castronova is professor of Telecommunication and Cognitive Science at Indiana University Bloomington. He pioneered the study of how money, value, and property flow inside online games like Everquest Castronova’s paper Virtual Worlds: A First-Hand Account of Market and Society on the Cyberian Frontier became the most downloaded paper in the entire database — beating out works by dozens of Nobel laureates. Today, it’s still in the top three. Check out the show notes page at www.economicrockstar.com/edwardcastronova Support the podcast at Patreon at www.patreon.com/economicrockstar
'Virtual economies' are all around us, from social media, to bitcoin, to the games on our smartphones. But what exactly is a virtual economy? And is there anything that these virtual economies can teach us about 'real world' economics? Pod Academy's Alex Burd returned to the Oxford Internet Institute to speak to Vili Lehdonvirta, a research fellow there. Alex previously interviewed Vili about Bitcoin for us (podcasts: Bitcoin 1 and Bitcoin 2). This time he went to talk about Vili's new book, Virtual Economies: Design and Analysis (by Vili Lehdonvirta and Edward Castronova, MIT Press, 2014) In developing digital games, designers often develop an economy within the game itself. These economies can drive the game, just as an economy does in the real world. Then there is bitcoin - is that developing into a useable currency? And can we learn anything about economics from understanding what is involved in clicking 'like' or 'retweet'? Vili became intrigued by what these virtual economies might teach us. He started by explaining that he and Edward Castronova first got the idea for the book at a conference of digital game developers in San Francisco: Vili Lehdonvirta: I’ve been going every year for the past 5 years to a digital developers' conference to give a talk there about what the academic study of virtual economies can teach game developers and digital developers. In 2010 I was there on a panel about virtual economies in online games, it was a panel where all of the panelists were academics and the game developers were quizzing us. One of the questions was ‘What should I read if I want to make use of economics and economic sociology. Should I just pick up an economic textbook.’ My co-author, Edward Castranova, was also on that panel. The two of us thought ‘well, if you pick up an economics textbook in theory everything is the same. But in practice everything is focused on very different objectives'. Then we thought, we’ll write the text book for you! Obviously we also wanted to make it interesting to academics so it’s a slightly broader book than just for developers. Alex Burd: So you you wanted to write a book for developers who wanted to know more about economics and academics who wanted to know more about games. VL: That’s right, game developers and digital developers more broadly. Not just games but anyone who is developing online communities or shared information pools or crowd sourcing systems or a new virtual currency – that’s one of the audiences. The other audience is academics and social scientists who are interested in media and social communications and are interested in behaviour and power in digital media. Basically we’re arguing to scholars that if you want to understand how digital media affects behaviour, whose power it enhances, what kind of behaviours are valued and privileged, and what kind of constraints and budgets are placed on use, then you really have to take this economic perspective on digital media. You can’t just treat it as communication, as speech, as abundant bits that are only restricted by creativity. There also these very concrete constraints and choices and ownership and exclusivity that are programmed into the infrastructure of digital media, everything from social media to numerous games that people play every day. And understanding that is crucial for any scholar studying digital media. AB: Looking at social media specifically, it’s about being able to put some kind of value on the interactions that users have with publishers. What value someone clicking 'like', or someone clicking 'retweet', has? VL: It’s that, yes, but it goes beyond just economic value. Microeconomics fundamentally is a science of choice, choice under constraint. Most internet scholarship is about how suddenly scarcity disappears and there is abundance. You don’t have to choose which music file you want because you can download both and then share them to your f...
If you haven’t noticed, everyone has been hysterical lately about Bitcoin (to say the least). We talked to Professor Edward Castronova, an expert on investing in cryptocurrency to talk about how the market works. What is the definition of money? According to economists, anything used as a medium of exchange, as a unit of accounting, and as a store of value. This is why anything from the dollars in our wallets to cigarettes in POW camp, to Bitcoins can be considered money. What makes it money? Social expectation. If you have a stone and someone is willing to trade your stone for a cup of coffee, then your stone is money and has value. The difference in forms of currency is how well they perform. Stones are bulky and heavy, dollars are small and lightweight. A dollar also has security. Legally dollars must be accepted as a form of payment. There is no such law governing stones. If a vendor won’t accept your stone for a coffee, your stone is worthless. Cryptocurrencies are not regulated And also not taxed. Crypto transactions happen at a microscale and are not easily traced by the government. When Bank of America, Visa, MasterCard, PayPal, and Western Union blocked donations to WikiLeaks in 2010, WikiLeaks set up a page to accept Bitcoin donations. Invest in cryptocurrency? One day we may all have multiple bank accounts each holding different types of currencies that we use for different things. The danger of these currencies would be if one major sector of the economy, the housing market, for example, was dominated by one type. If that currency plummeted, it could cause a panic. Of course, dollars have caused panics so that is not unique to cryptos. They will also need to become as easy to use as dollars and currently they are a bit complicated. Show Notes Wildcat Currency: How the Virtual Money Revolution is Transforming the Economy. Professor Castronova’s book on cryptocurrencies. Learn more about your ad choices. Visit megaphone.fm/adchoices
The continued growth of online gaming and virtual worlds has effects not only in the analog world, with games and social media organizations taking stock options public, but also in the worlds created online. Many games and platforms allow users to involve themselves in virtual labor, to own property, and most importantly to make purchases. This one of areas where the analog and virtual crossover. And the question for platform providers becomes how to capitalize on user interest while earning money. In the new book Virtual Economies: Design and Analysis (MIT 2014), Vili Lehdonvirta, a research fellow at the Oxford Internet Institute, at the University of Oxford and Edward Castronova, professor of communications and cognitive science at Indiana University provide a detailed examination of the underpinnings and motivations for the creation of virtual economies. Lehdonvirta and Castronova consider various international examples to provide a comprehensive look at the markets that continue to be embedded into all kinds of online, and offline, interactions. Learn more about your ad choices. Visit megaphone.fm/adchoices
The continued growth of online gaming and virtual worlds has effects not only in the analog world, with games and social media organizations taking stock options public, but also in the worlds created online. Many games and platforms allow users to involve themselves in virtual labor, to own property, and most importantly to make purchases. This one of areas where the analog and virtual crossover. And the question for platform providers becomes how to capitalize on user interest while earning money. In the new book Virtual Economies: Design and Analysis (MIT 2014), Vili Lehdonvirta, a research fellow at the Oxford Internet Institute, at the University of Oxford and Edward Castronova, professor of communications and cognitive science at Indiana University provide a detailed examination of the underpinnings and motivations for the creation of virtual economies. Lehdonvirta and Castronova consider various international examples to provide a comprehensive look at the markets that continue to be embedded into all kinds of online, and offline, interactions. Learn more about your ad choices. Visit megaphone.fm/adchoices
We have an awesome episode lined up this week for the You, Me, and BTC Podcast. We are joined by Edward Castronova, a professor at Indiana University and author of an amazing new book, Wildcat Currency. In the book, he explains the history of virtual money, everything from World of Warcraft gold to Facebook credits ...The post YMB Podcast E25: Edward Castronova and the Virtual Money Revolution appeared first on You, Me, and BTC. Keep up on Twitter and Facebook!
The continued growth of online gaming and virtual worlds has effects not only in the analog world, with games and social media organizations taking stock options public, but also in the worlds created online. Many games and platforms allow users to involve themselves in virtual labor, to own property, and most importantly to make purchases. This one of areas where the analog and virtual crossover. And the question for platform providers becomes how to capitalize on user interest while earning money. In the new book Virtual Economies: Design and Analysis (MIT 2014), Vili Lehdonvirta, a research fellow at the Oxford Internet Institute, at the University of Oxford and Edward Castronova, professor of communications and cognitive science at Indiana University provide a detailed examination of the underpinnings and motivations for the creation of virtual economies. Lehdonvirta and Castronova consider various international examples to provide a comprehensive look at the markets that continue to be embedded into all kinds of online, and offline, interactions. Learn more about your ad choices. Visit megaphone.fm/adchoices
We have an awesome episode lined up this week for the You, Me, and BTC Podcast. We are joined by Edward Castronova, a professor at Indiana University and author of an amazing new book, Wildcat Currency. In the book, he explains the history of virtual money, everything from World of Warcraft gold to Facebook credits ...The post YMB Podcast E25: Edward Castronova and the Virtual Money Revolution appeared first on You, Me, and BTC. Keep up on Twitter and Facebook!
Another mixed reality meeting of minds spanning Second Life and Copenhagen Denmark in a great discussion led by Metanomics host Robert Bloomfield with guest panelists Tom Boellstorff, Edward Castronova and Robin TeiglandMetanomics
Edward Castronova, of Indiana University and author of Exodus to the Virtual World, talks about his provocative thesis that a growing number of people around the world will be spending more and more time playing multiplayer games in virtual reality both as a form of escape and as a search for meaning. He talks with EconTalk host Russ Roberts about how this trend might affect government, religion, and our happiness.
Edward Castronova, of Indiana University and author of Exodus to the Virtual World, talks about his provocative thesis that a growing number of people around the world will be spending more and more time playing multiplayer games in virtual reality both as a form of escape and as a search for meaning. He talks with EconTalk host Russ Roberts about how this trend might affect government, religion, and our happiness.
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