Saturday, September 15, 2012

Auction design within online games

This looks worth following up on...Michael Giberson reports Poor market design causing high prices in Diablo III auction house?

http://arstechnica.com/gaming/2012/06/real-money-auctions-launch-in-diablo-iii/


Why Diablo 3's Real Money Auction House Should Not Be Your Summer Job
"For years, illegal black market sellers have been hawking virtual gear for real life money to great success. There was little point attempting to combat such practices, as little or nothing could be done to stop them, so Blizzard had an alternative idea they wanted to try with Diablo 3. A legal auction house using real world cash, where they got a piece of the action.
"There’s been an in-game gold Auction House in operation since the launch of Diablo 3, but yesterday marked the first time the Real Money Auction House went live, after a few weeks of delays."