Economic Analysis of Gold Farming
“Economics sees value wherever humans decide that some construct of theirs has utility but is scarce. Synthetic world goods have utility and are scarce; thus they have value that can be measured in terms of real dollars.” (Castronova 2006:52)
The supply—demand economics of gold farming are therefore very simple. Some people in the world have more money than time. Other people in the world have more time than money. The former demand finds the latter supply via various physical and virtual channels. And thus a market and then an industrial sub-sector are made. [...continue reading Gold Farming Research – Part Three]
We have found the good research about gold farming at . But there has no published version of HTML. So we have decided to republished it here as a series posts as following.
Current Analysis and Future Research Agenda on “Gold Farming”: Real-World Production in Developing Countries for the Virtual Economies of Online Games. [...continue reading Gold Farming Research – Part One]
Farming gold in World of Warcraft can get old very quickly. Luckily, there are a few hot spots in the game where you can pick up massive amounts of gold so you can spend more time leveling. Here are 6 of the best World of Warcraft gold farming spots to save you some time and money.
1) Azshara – Azshara is one of the more popular World of Warcraft gold farming spots and for good reason. There are a few different approaches you can take here, but I would recommend heading to the north mid area first. You can start out with the Massive Timbermaws, than head further east to reach the Blood Elves. Blood Elves will drop Runecloth once they are killed, and there is always a market for Runecloth. I have also had a lot of success grinding on Legashi Demons. Legashi Demons will drop blues, greens, and occasionally even epics. [...continue reading WOW Gold Farming 6 Hot Spots]