Virtual Economies in Mobile Games: A Study of In-Game Currencies
Kenneth Nelson February 23, 2025

Virtual Economies in Mobile Games: A Study of In-Game Currencies

Thanks to Sergy Campbell for contributing the article "Virtual Economies in Mobile Games: A Study of In-Game Currencies".

Virtual Economies in Mobile Games: A Study of In-Game Currencies

This paper applies semiotic analysis to the narratives and interactive elements within mobile games, focusing on how mobile games act as cultural artifacts that reflect and shape societal values, ideologies, and cultural norms. The study investigates how game developers use signs, symbols, and codes within mobile games to communicate meaning to players and how players interpret these signs in diverse cultural contexts. By analyzing various mobile games across genres, the paper explores the role of games in reinforcing or challenging cultural representations, identity politics, and the formation of global gaming cultures. The research offers a critique of the ways in which mobile games participate in the construction of collective cultural memory.

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Gamification extends beyond entertainment, infiltrating sectors such as marketing, education, and workplace training with game-inspired elements such as leaderboards, achievements, and rewards systems. By leveraging gamified strategies, businesses enhance user engagement, foster motivation, and drive desired behaviors, harnessing the power of play to achieve tangible goals and outcomes.

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This research applies behavioral economics theories to the analysis of in-game purchasing behavior in mobile games, exploring how psychological factors such as loss aversion, framing effects, and the endowment effect influence players' spending decisions. The study investigates the role of game design in encouraging or discouraging spending behavior, particularly within free-to-play models that rely on microtransactions. The paper examines how developers use pricing strategies, scarcity mechanisms, and rewards to motivate players to make purchases, and how these strategies impact player satisfaction, long-term retention, and overall game profitability. The research also considers the ethical concerns associated with in-game purchases, particularly in relation to vulnerable players.

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