Exploring the Use of Game Mechanics to Promote Financial Literacy in Young Adults
Frances Long 2025-02-02

Exploring the Use of Game Mechanics to Promote Financial Literacy in Young Adults

Thanks to Frances Long for contributing the article "Exploring the Use of Game Mechanics to Promote Financial Literacy in Young Adults".

Exploring the Use of Game Mechanics to Promote Financial Literacy in Young Adults

The gaming industry's commercial landscape is fiercely competitive, with companies employing diverse monetization strategies such as microtransactions, downloadable content (DLC), and subscription models to sustain and grow their player bases. Balancing player engagement with revenue generation is a delicate dance that requires thoughtful design and consideration of player feedback.

Gaming culture has transcended borders and languages, emerging as a vibrant global community that unites people from all walks of life under the banner of shared enthusiasm for interactive digital experiences. From casual gamers to hardcore enthusiasts, gaming has become a universal language, fostering connections, friendships, and even rivalries that span continents and time zones.

The intricate game mechanics of modern titles challenge players on multiple levels. From mastering complex skill trees and managing in-game economies to coordinating with teammates in high-stakes raids, players must think critically, adapt quickly, and collaborate effectively to achieve victory. These challenges not only test cognitive abilities but also foster valuable skills such as teamwork, problem-solving, and resilience, making gaming not just an entertaining pastime but also a platform for personal growth and development.

This research examines the psychological effects of time-limited events in mobile games, which often include special challenges, rewards, and limited-time offers. The study explores how event-based gameplay influences player motivation, urgency, and spending behavior. Drawing on behavioral psychology and concepts such as loss aversion and temporal discounting, the paper investigates how time-limited events create a sense of scarcity and urgency that may lead to increased player engagement, as well as potential negative consequences such as compulsive behavior or gaming addiction. The research also evaluates how well-designed time-limited events can enhance player experiences without exploiting players’ emotional vulnerabilities.

This research explores the potential of augmented reality (AR)-powered mobile games for enhancing educational experiences. The study examines how AR technology can be integrated into mobile games to provide immersive learning environments where players interact with both virtual and physical elements in real-time. Drawing on educational theories and gamification principles, the paper explores how AR mobile games can be used to teach complex concepts, such as science, history, and mathematics, through interactive simulations and hands-on learning. The research also evaluates the effectiveness of AR mobile games in fostering engagement, retention, and critical thinking in educational contexts, offering recommendations for future development.

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