EVE Online's First Quarterly Economics Report Published

The first quarterly report from EVE Online's very own economist has been released at the game's official site. GamesIndustry.biz has some comments from Dr. Guðmundsson on this first batch of numbers, exploring a bit of his methodology and the joys of working in EVE's closed environment: "Since life in Eve evolves at a faster pace than real life, we must use a so-called 'chained price index' rather than a representative basket. In real life, representative baskets are always used and in many cases the surveys for these baskets are done with very long time intervals. By looking at our results it is obvious how the fixed basket approach can overestimate the impact of price changes, just as predicted by theory. With consumer preferences changing faster now in real life than ever before (consumer electronics is a good example), this might be a lesson that could help us understand better changes in price levels and how we measure that outside virtual worlds."

Link to the report

[ElMiguel]

The summary should include a link to the report [llnwd.net] itself.

Re:my thoughts

[Scorpion265]

You need to get in with the right corp then. A 0.0 corp is where the action is at. Not to mention mining is the worst way to make isk in the game. Freaking go out and do some missions! L4 missions will bring in 20 to 30 mil per mission in loot + salvage. And that is all eclipsed when you do 0.0 ratting and complexes. and train your learning skills, weeks of training will be cut by half.

The actual report.

[fava]

So we have a story that talks about the economic report, that links to a story talking about the report, but doesn't actually link to the report.

The report that the story is actually about (but doesn't link to) is available here. [llnwd.net]

fava

Re:Ahh the Eve elitist mindset.

[Voltageaav]

It can be if you meet the right people. My first week in EVE pretty much went like this. My friend who got me to try it out showed me the basics. Then I started making friends in the NPC corp I was in. Started doing missions with my newfound friends. About the 3rd day, one of my friends got killed by a solo pirate in a deadspace in lowsec. We got about 10-15 people together from the NPC corp, went to where my friend died, and low and behold the pirate was still there. Pop went the mighty Ferox he was flying. Then we killed his pod too. It was a huge rush for all of us, even though I'd laugh at any Ferox that tried to attack me now. Right there, I started a new corporation with the people who had formed up to kill him. We started going into lowsec hunting for pirates on a dayly basis, running missions together inbetween. I've been the CEO of an 80 man 0.0 corp, am currently in charge of the capital fleet of an alliance and own a Thanatos and Moros, but those were some of the best days of my EVE experiance.