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Challenges and Opportunities in Economics Experiments in Virtual Worlds

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  • Ernan Haruvy

Abstract

Economics research in virtual worlds presents opportunities that go far beyond what is possible in the laboratory but also presents new challenges and perils. The purpose of this article is to introduce the works in this special issue, each of which addresses different aspects of virtual world research in terms of new opportunities and insights as well as new sets of concerns.

Suggested Citation

  • Ernan Haruvy, 2011. "Challenges and Opportunities in Economics Experiments in Virtual Worlds," Southern Economic Journal, John Wiley & Sons, vol. 78(1), pages 1-5, July.
  • Handle: RePEc:wly:soecon:v:78:y:2011:i:1:p:1-5
    DOI: 10.4284/0038-4038-78.1.1
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    1. Marina Fiedler, 2009. "Cooperation in Virtual Worlds," Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 61(2), pages 173-194, April.
    2. Sascha Fullbrunn & Katharina Richwien & Abdolkarim Sadrieh, 2011. "Trust and Trustworthiness in Anonymous Virtual Worlds," Journal of Media Economics, Taylor & Francis Journals, vol. 24(1), pages 48-63.
    3. Stephen Atlas & Louis Puttermant, 2011. "Symposium: Trust among the Avatars: A Virtual World Experiment, with and without Textual and Visual Cues," Southern Economic Journal, John Wiley & Sons, vol. 78(1), pages 63-86, July.
    4. Chesney, Thomas & Chuah, Swee-Hoon & Hoffmann, Robert, 2009. "Virtual world experimentation: An exploratory study," Journal of Economic Behavior & Organization, Elsevier, vol. 72(1), pages 618-635, October.
    5. Smith, Vernon L & Suchanek, Gerry L & Williams, Arlington W, 1988. "Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets," Econometrica, Econometric Society, vol. 56(5), pages 1119-1151, September.
    6. Robert J. Bloomfield & Young Jun Cho, 2011. "Symposium: Unregulated Stock Markets in Second Life," Southern Economic Journal, John Wiley & Sons, vol. 78(1), pages 6-29, July.
    7. Edward Castronova, 2001. "Virtual Worlds: A First-Hand Account of Market and Society on the Cyberian Frontier," CESifo Working Paper Series 618, CESifo.
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