E35: In Defense of Loot Boxes (w/Dr. Matthew McCaffrey)

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Game Economist Cast

Phillip Black

46 episodes

1 day ago

What does the new wave of open economies mean for monetization? Will negative externalities overcome cosmetic economies in the long run? What exactly does a game economist do? Game Economist Cast is a roundtable discussion of the latest developments in mobile, HD, and crypto games, through a bunch of people figuring it out using the economic toolkit.

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E35: In Defense of Loot Boxes (w/Dr. Matthew McCaffrey)

Game Economist Cast

1 hour 22 minutes 32 seconds

9 months ago

E35: In Defense of Loot Boxes (w/Dr. Matthew McCaffrey)

Loot boxes have all the markings of a moral panic. Dr.McCaffrey reviewed the emerging literature, and like the research on video game violence, it's destined for methodological malfunction.

We discuss why everything isn't a loot box, the apathetic interest of economists in games, what George R.R. Martin's economic equilibrium teaches us, and how to get more people interested in economics.

Follow Dr.McCaffrey on Twitter [1], see him on video games [2], and read his loot box and A Song of Fire and Ice papers here [3].