The paper provides a review of research using virtual reality as a laboratory tool in
economics. It addresses the question of whether behavior in virtual environments is a …

I argue that much influential scholarship on massivelymultiplayer online games and virtual
environments (MMO) is based on a dichotomous “real world vs. virtual world” model. The …

We study the impact of sellers' reserve prices on transfer prices in online auctions of virtual
football players at Hattrick. org. We introduce an empirical model that distinguishes between …

Trust in Second Life - Duffy - 2011 - Southern Economic Journal - Wiley Online Library Skip
to Article Content Skip to Article Information Wiley Online Library Wiley Online Library Search …

In contingent valuation studies to assess the economic value of environmental goods,
respondents are often given small presents or money amounts at the beginning of the …

Thanks to continually developing information technology, experimental research in
economics can be performed with increasingly more powerful support of computers. One of …

Experimental method is nowadays quite often used in different areas of economic research.
In this field of study experiments in the laboratory are the most popular. This approach …

9.1 Background Behavioral economics, 1 popularized in a series of bestselling books (eg,
Akerlof & Shiller, 2009; Kahneman, 2011; Thaler & Sunstein, 2008) has captured the …

We use a unique hand collected data set of 6,258 auctions from the online football manager
game Hattrick to study determinants and effects of reserve prices. We find that chosen …

Virtual worlds typically contain systems of resource allocation, production, and consumption,
which are often called virtual economies. The operator of a virtual world clearly has an …