Behavioral Economics of In-Game Purchases: An Analytical Framework
Dorothy King 2025-02-03

Behavioral Economics of In-Game Purchases: An Analytical Framework

Thanks to Dorothy King for contributing the article "Behavioral Economics of In-Game Purchases: An Analytical Framework".

Behavioral Economics of In-Game Purchases: An Analytical Framework

This paper explores the integration of virtual goods and cryptocurrencies within mobile games, analyzing how these digital assets are reshaping in-game economies and influencing real-world economic practices. The study examines how players engage with virtual currencies and goods, exploring their role in enhancing player agency, fostering virtual economies, and enabling new forms of monetization. The research also explores the potential for blockchain technology to facilitate secure, decentralized in-game transactions, providing insights into the future of digital currencies within the gaming industry and the broader global economy.

This paper examines the application of behavioral economics and game theory in understanding consumer behavior within the mobile gaming ecosystem. It explores how concepts such as loss aversion, anchoring bias, and the endowment effect are leveraged by mobile game developers to influence players' in-game spending, decision-making, and engagement. The study also introduces game-theoretic models to analyze the strategic interactions between developers, players, and other stakeholders, such as advertisers and third-party service providers, proposing new models for optimizing user acquisition and retention strategies in the competitive mobile game market.

This research investigates how mobile gaming influences cognitive skills such as problem-solving, attention span, and spatial reasoning. It analyzes both positive and negative effects, providing insights into the potential educational benefits and drawbacks of mobile gaming.

This study examines the psychological effects of mobile game addiction, including its impact on mental health, social relationships, and academic performance. It also explores societal perceptions of gaming addiction and discusses potential interventions and preventive measures.

This paper investigates the ethical concerns surrounding mobile game addiction and its potential societal consequences. It examines the role of game design features, such as reward loops, monetization practices, and social competition, in fostering addictive behaviors among players. The research analyzes current regulatory frameworks across different countries and proposes policy recommendations aimed at mitigating the negative effects of mobile game addiction, with an emphasis on industry self-regulation, consumer protection, and the promotion of healthy gaming habits.

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