Real world money man to monitor economics of MMOG world

CCP appoints in-game economist for EVE Online

Icelandic game studio CCP has hired an economist to monitor and manage the finances in the game world for its popular EVE Online MMO.

Dr. Eyjólfur Guðmundsson joins CCP with over 15 years’ experience in economic studies and research, joining CCP directly from the University of Akureyri, Iceland.

He will publisher quarterly reports on the state of the EVE economy which are expected to help inform player activities and help shape the direction of the game.

"EVE Online may be set in the future, but the skills needed to play are rooted in the real world of today. Players operate vast corporations whose shares are traded in-game among players so economic strength and agility is key to their success. Just as entrepreneurs and executives rely on real-world economic indicators, EVE Online players need timely information and analysis of the in-game economy," said Hilmar Pétursson, CEO of CCP Games.

"That’s why we created this important position and we’re delighted to have someone of Eyjólfur’s caliber and expertise fill the role."

Guðmundsson himself added: "Virtual worlds and MMOGs are emerging as one of the most interesting areas of experimental economics. Since becoming involved with EVE Online, I have been exploring the game and growing more fascinated with the community, its complexities and the unlimited potential of it all. I can see that CCP has understood that the social structures in EVE Online are far beyond those of other games.

"Economic information is the lifeblood of the game and I believe that, by ensuring everyone has access to the same data, we will enhance the player experience and facilitate economic stability in EVE."

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