Friday, September 08, 2006

World of Warcraft, learning economics

13 year old "what I don't understand... is when WoW was new and nobody had much money, and a really good item dropped, how its price would be determined at auction"

Emergent* understanding of supply and demand and the effect of the money supply on market prices by a 13 yo.

More evidence (not that we needed more) of the educational value of WoW in its own right, in addition to the ways it could be used for teaching.

*emergent Emergence is the process of complex pattern formation from simpler rules OK I'm misusing the word but its my blog.



Blogger Bill Kerr said...

Joi Ito's paper on emergent democracy is what initially persuaded me that blogs were something much more than a million monkeys hammering away on keyboards

You would be interested in Joi's wiki too, because I just noticed he had devoted a lot of it to World of Warcraft

Saturday, September 09, 2006 12:30:00 PM  

Post a Comment

<< Home