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Reader Comments (2)

Posted: Nov 12th 2007 10:11AM (Unverified) said

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"Metanomics." The word scares me. You and I have talked before about economics in-world, how I view things, and how people who I would normally agree with (The von Mises Institute) can get us within SL so wrong.

To me, economics is about people, and in Second Life the avatars have people behind them. People who want to look pretty to their friends. People who want to have fun.

(Having trouble with vocabulary here.) Sure, a flock of birds has emergent behaviors different that that of an individual bird. And I'll admit it's the same with groups of avatars in SL. But I'm afraid these people will turn out the same as the analysts you talked about in your post "Without a Clue."

Posted: Nov 12th 2007 11:51AM (Unverified) said

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@Nightbird,

I am trying to get a clue by following Tateru's advice--I have been spending quite a bit of time in Second Life (as Beyers Sellers)....not quite a year, but getting there. Hopefully, this has allowed me to put together a weekly show that gives people a good insight into the business and policy side of the metaverse, with a heavy emphasis on SL.

I agree with you, the people behind a large number of avatars want to "look pretty for their friends" and have fun. Of course, this is much of what drives real-life economies too. As a business professor, I am trying to understand exactly how these motivations (and the many others held by the astonishingly diverse SL population) allow for business opportunities, raise business policy issues (e.g., taxation, intellectual property rights, financial regulation), and drive a novel form of economy.




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