April 2003
- Improper Assessment Brian Lindahl
- D&D vs. MMORPG "complexity" Ryan S. Dancey
- D&D vs. MMORPG "complexity" Vincent Archer
- D&D vs. MMORPG "complexity" Chris Holko
- D&D vs. MMORPG "complexity" Louis
- D&D vs. MMORPG "complexity" Freeman, Jeff
- D&D vs. MMORPG "complexity" Bad Mojo
- D&D vs. MMORPG "complexity" a t y mcguire
- D&D vs. MMORPG "complexity" Vincent Archer
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Chris Holko
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Damion Schubert
- D&D vs. MMORPG "complexity" Ryan S. Dancey
- D&D vs. MMORPG "complexity" Boyle, Paul
- D&D vs. MMORPG "complexity" Damion Schubert
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" John Buehler
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" John Buehler
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" John Buehler
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" John Buehler
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Daniel.Harman@barclayscapital.com
- D&D vs. MMORPG "complexity" Marian Griffith
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Daniel.Harman@barclayscapital.com
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Paul Schwanz
- D&D vs. MMORPG "complexity" Amanda Walker
- D&D vs. MMORPG "complexity" Marian Griffith
- D&D vs. MMORPG "complexity" Sean Kelly
- D&D vs. MMORPG "complexity" Amanda Walker
- D&D vs. MMORPG "complexity" Daniel Anderson
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Daniel Anderson
- D&D vs. MMORPG "complexity" Ben Hoyt
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Marian Griffith
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Jeff Cole
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Marian Griffith
- D&D vs. MMORPG "complexity" Jeff Cole
- D&D vs. MMORPG "complexity" Paul Canniff
- D&D vs. MMORPG "complexity" Jeff Cole
- D&D vs. MMORPG "complexity" Marian Griffith
- D&D vs. MMORPG "complexity" Jeff Cole
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Jeff Cole
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Zach Collins {Siege}
- D&D vs. MMORPG "complexity" Jeff Cole
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Jeff Cole
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Chris Schofield
- D&D vs. MMORPG "complexity" Rayzam
- D&D vs. MMORPG "complexity" Threshold RPG
- D&D vs. MMORPG "complexity" Jeff Cole
- D&D vs. MMORPG "complexity" Timothy Dang
On Mon, 19 May 2003, Dave Rickey wrote:
> You seem to be defending the traditional view of irrationality
> being only the result of inadequate information, so any
> irrationality in Camelot *must* be the result of inadequate
> information, and therefore "built in" (since we controlled most of
> the information availability). This is an easy position to defend
> and a difficult one to falsify, since information for all economic
> actors at all times can never be truly complete in practice. Am I
> correct (both in my assessment of your argument, and of the
> essential core strength of it)?
> My response is that the very act of assuming only "rational"
> participants in economic activities is an extreme case, since many
> very visible economic transactions in both virtual and real
> systems show irrationality, and in fact people are clearly not
> rational in many of their decisions (economic or not). The
> assumption has been useful in allowing the theories to be reduced
> to manageable equations, but it should not be surprising if it
> turns out to be a source of systematic error.
> If, in fact, there is such a systematic error, the MMOG's would
> seem to be a good environment for finding it. The number of
> participants is limited, the interaction with outside influences
> is comparatively minor, the ability to manipulate the core
> scarcities and inherent demands effectively limitless, and the
> information available to an observer far closer to complete, than
> in any real system.
I don't want to get into specific arguments about Camelot's economy,
but this discussion of rationality or lack thereof bothers me a
bit. I've long though about using ORPG's as platforms for economic
research, but I'm not sure they would be particularly helpful in
studying what economists typically mean by "rational" behavior.
Economists sometimes define rationality differently depending on the
context. I don't know of any case where it's been defined so that
making a poor decision due to limited information is considered
"irrational", but the definitions usually used when there is limited
information are different than those used when there's complete
information.
In any case, it's usually quite hard to falsify rationality. It's
easiest when you're looking at decisions which only involve
different amounts of money. When looking at decisions which involve
stuff, rather than money, it's really tricky to demonstrate
irrationality because economists are all trained to accept people's
preferences as primitivives which don't require justification. If
someone is willing to pay $2.5M to have their car painted an unusual
shade of green, a traditional economist wouldn't consider that
irrational.
The most common thing which can be observed in some experiments
which economists mostly consider "irrational" is intransitive
preferences. Preferences are transitive if a person who prefers A
to B, and prefers B to C, then they prefer A to C. They're
intransitive if that reasoning doesn't work for them. There have
been experiments which show violations of transitivity, but
economists still argue a lot about whether those experiments show
anything important enough to merit re-working the basic models. So
far, nobody has come up with an alternative which seems worth
using. (As a personal aside, I consider the evidence for rationality
is a bit stronger than that against. However, I think that's because
it's difficult to falsify, not because it is correct.)
Anyway, I guess the point of all this is that I'm not sure what
definitions of rational & irrational are being used. I'm afraid that
common-speech ideas of the terms are being used, instead of the
definitions economists use. If that's the case, then one could see
things which are considered to violate common economic models, but
really don't.
------------------------------
Timothy O'Neill Dang / Cretog8
520-884-7261
One monkey don't stop no show.
- D&D vs. MMORPG "complexity" Rayzam
- D&D vs. MMORPG "complexity" Dave Rickey
- D&D vs. MMORPG "complexity" Rayzam
- D&D vs. MMORPG "complexity" Marian Griffith
- D&D vs. MMORPG "complexity" Marian Griffith
- D&D vs. MMORPG "complexity" Vincent Archer
- D&D vs. MMORPG "complexity" Marian Griffith
- D&D vs. MMORPG "complexity" shren
- D&D vs. MMORPG "complexity" Daniel.Harman@barclayscapital.com
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Zach Collins {Siege}
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Sean Kelly
- D&D vs. MMORPG "complexity" Threshold RPG
- D&D vs. MMORPG "complexity" Sean Kelly
- D&D vs. MMORPG "complexity" Harrok
- D&D vs. MMORPG "complexity" Damion Schubert
- D&D vs. MMORPG "complexity" Harrok
- D&D vs. MMORPG "complexity" Ryan S. Dancey
- D&D vs. MMORPG "complexity" Threshold RPG
- D&D vs. MMORPG "complexity" Travis Casey
- D&D vs. MMORPG "complexity" Threshold RPG
- D&D vs. MMORPG "complexity" Ryan S. Dancey
- D&D vs. MMORPG "complexity" Ryan S. Dancey
- D&D vs. MMORPG "complexity" Michael Tresca
- D&D vs. MMORPG "complexity" David Kennerly
- D&D vs. MMORPG "complexity" Martin Bassie
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Vincent Archer
- D&D vs. MMORPG "complexity" Lee Sheldon
- D&D vs. MMORPG "complexity" Paul Schwanz
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Damion Schubert
- D&D vs. MMORPG "complexity" Paul Schwanz
- D&D vs. MMORPG "complexity" Matthew Dobervich
- D&D vs. MMORPG "complexity" Alex Kay
- D&D vs. MMORPG "complexity" Scott Jennings
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Scott Jennings
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" lynx@lynx.purrsia.com
- D&D vs. MMORPG "complexity" John Buehler
- D&D vs. MMORPG "complexity" Daniel.Harman@barclayscapital.com
- D&D vs. MMORPG "complexity" Paul Schwanz
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Baar - Lord of the Seven Suns
- D&D vs. MMORPG "complexity" lynx@lynx.purrsia.com
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Paul Schwanz
- D&D vs. MMORPG "complexity" Derek Licciardi
- D&D vs. MMORPG "complexity" Paul Schwanz
- D&D vs. MMORPG "complexity" shren
- D&D vs. MMORPG "complexity" Matt Mihaly
- D&D vs. MMORPG "complexity" Edward Glowacki
- D&D vs. MMORPG "complexity" Kwon J. Ekstrom
- D&D vs. MMORPG "complexity" Talanithus HTML
- D&D vs. MMORPG "complexity" Dr. Cat
- D&D vs. MMORPG "complexity" Vincent Archer
- D&D vs. MMORPG "complexity" Travis Casey
- D&D vs. MMORPG "complexity" Samurai Cat @ Catacombs
- D&D vs. MMORPG "complexity" Travis Casey
- D&D vs. MMORPG "complexity" Threshold RPG
- D&D vs. MMORPG "complexity" Travis Casey
- D&D vs. MMORPG "complexity" Threshold RPG
- D&D vs. MMORPG "complexity" Ryan S. Dancey
- D&D vs. MMORPG "complexity" Threshold RPG
- D&D vs. MMORPG "complexity" Freeman, Jeff
- pluggable MMOGs ceo
- pluggable MMOGs John Robert Arras
- pluggable MMOGs ceo
- pluggable MMOGs Daniel James
- pluggable MMOGs ceo
- pluggable MMOGs Lee Sheldon
- pluggable MMOGs ceo
- pluggable MMOGs Lee Sheldon
- NEWS: Planetside preview @ UGO Louis
- 'Stop and smell the roses' (was Winnable MMO) lynx@lynx.purrsia.com
- 'Stop and smell the roses' (was Winnable MMO) Damion Schubert
- 'Stop and smell the roses' (was Winnable MMO) Threshold RPG
- 'Stop and smell the roses' (was Winnable MMO) Baar - Lord of the Seven Suns
- 'Stop and smell the roses' (was Winnable MMO) Alex Kay
- MMORPG Politics (was D&D vs. MMORPG "complexity") Kwip
- MMORPG Politics (was D&D vs. MMORPG "complexity") David Kennerly
- Who Killed Miss Norway? Gavin Doughtie
- Who Killed Miss Norway? Kristen Koster
- Who Killed Miss Norway? Richard A. Bartle
- Who Killed Miss Norway? rkoster@soe.sony.com
- Who Killed Miss Norway? Michael Chui
- Who Killed Miss Norway? Crosbie Fitch
- Who Killed Miss Norway? Matt Mihaly
- Who Killed Miss Norway? Michael Montague
- Who Killed Miss Norway? Richard A. Bartle
- Who Killed Miss Norway? Koster, Raph
- Who Killed Miss Norway? Richard A. Bartle
- Who Killed Miss Norway? shren
- Who Killed Miss Norway? Richard A. Bartle
- Who Killed Miss Norway? F. Randall Farmer
- Who Killed Miss Norway? Gubbs
- Who Killed Miss Norway? Tess Snider
- Who Killed Miss Norway? Steven J. Owens
- Who Killed Miss Norway? Ren Reynolds
- Who Killed Miss Norway? F. Randall Farmer
- Who Killed Miss Norway? Amanda Walker
- Who Killed Miss Norway? Matt Mihaly
- Who Killed Miss Norway? Valerio Santinelli
- Who Killed Miss Norway? Threshold RPG
- Who Killed Miss Norway? Geir Ove Alnes
- Who Killed Miss Norway? Threshold RPG
- Who Killed Miss Norway? Jeff Bachtel
- Who Killed Miss Norway? Benjamin Tolputt
- Who Killed Miss Norway? Threshold RPG
- Who Killed Miss Norway? Geir Ove Alnes
- Who Killed Miss Norway? Marian Griffith
- Who Killed Miss Norway? Threshold RPG
- Who Killed Miss Norway? Ghovs
- Who Killed Miss Norway? Daniel.Harman@barclayscapital.com
- Who Killed Miss Norway? Marian Griffith
- Who Killed Miss Norway? Threshold RPG
- Who Killed Miss Norway? Marian Griffith
- Who Killed Miss Norway? Threshold RPG
- Who Killed Miss Norway? Paul Schwanz
- Who Killed Miss Norway? Daniel.Harman@barclayscapital.com
- Who Killed Miss Norway? Daniel.Harman@barclayscapital.com
- Who Killed Miss Norway? Paul Schwanz
- Who Killed Miss Norway? Daniel.Harman@barclayscapital.com
- Who Killed Miss Norway? Jeremy Lee
- New to MUD Dev, need friendly advice! Lance Rotten
- New to MUD Dev, need friendly advice! Jacob Cord
- New to MUD Dev, need friendly advice! Mike Shaver
- New to MUD Dev, need friendly advice! Zach Collins {Siege}
- New to MUD Dev, need friendly advice! Mike Shaver
- New to MUD Dev, need friendly advice! Matthew D. Fuller
- New to MUD Dev, need friendly advice! Mike Shaver
- New to MUD Dev, need friendly advice! David Clifton
- New to MUD Dev, need friendly advice! Sean Kelly
- New to MUD Dev, need friendly advice! Norman Morse
- New to MUD Dev, need friendly advice! Sean Kelly
- New to MUD Dev, need friendly advice! Mike Shaver
- New to MUD Dev, need friendly advice! Daniel.Harman@barclayscapital.com
- New to MUD Dev, need friendly advice! lynx@lynx.purrsia.com
- New to MUD Dev, need friendly advice! Byron Ellacott
- New to MUD Dev, need friendly advice! Jo Dillon
- New to MUD Dev, need friendly advice! shren
- New to MUD Dev, need friendly advice! Eric Merritt
- New to MUD Dev, need friendly advice! shren
- New to MUD Dev, need friendly advice! Eric Merritt
- New to MUD Dev, need friendly advice! Byron Ellacott
- Game On(line) for Microsoft, Sony Michael Tresca
- Game On(line) for Microsoft, Sony Alex Kay
- ILG Creative Director Larry Dunlap to speak at E3 Panel Scott Miller
- Male and female brains Koster, Raph
- Male and female brains Richard A. Bartle
- Male and female brains Patricia Pizer
- Male and female brains Steven J. Owens
- Male and female brains Valerio Santinelli
- Male and female brains Richard A. Bartle
- Male and female brains Robin Cloutman
- Male and female brains Valerio Santinelli
- Male and female brains Paul Schwanz
- Male and female brains Valerio Santinelli
- Male and female brains Rayzam
- Male and female brains Marian Griffith
- Male and female brains John Arras
- Male and female brains Marian Griffith
- Male and female brains John Arras
- Male and female brains Tess Snider
- Male and female brains Marian Griffith
- Male and female brains John Arras
- Male and female brains Rayzam
- Male and female brains Valerio Santinelli
- Male and female brains Larry Dunlap at ILG
- student informational interview feebleman