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Virtual economy - Wikipedia, the free encyclopedia (1230 words) |
 | A virtual economy (or sometimes synthetic economy) is an emergent economy existing in a virtual persistent world, usually in the context of an Internet game. |
| Within the virtual worlds they inhabit, synthetic economies allow in-game items to be priced according to supply and demand rather than by the developer's estimate of the item's utility. |
| In these virtual economies, the value of in-game resources is frequently tied to the in-game power they confer upon the owner. |
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