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Monetary Value of a Player in GTA Online: Role of Inflation
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Economics.
2023 (English)Independent thesis Advanced level (professional degree), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

This study investigates the monetary value of a player within the video game GTA Online, published by Rockstar in 2013. A survey was sent out to a subreddit called r/gtaonline where a sample of 171 respondents who play GTA Online were used and the results were analysed using an OLS regression. Monetary value was calculated by multiplying GTA$ earned per hour by the indirect exchange rate between GTA$ and the Euro €. Further data was collected on the inflation within each content update of the virtual economy of GTA Online, measured in terms of CPI. This measurement was then corresponded with when a player first started playing GTA Online to get a measure of the relative CPI they experienced when they first started playing. This study found that the most significant determinants affecting monetary value where if a person was a grinder their monetary value increased by €8.1 If a person purchased micro transactions named “Shark Cards” in GTA Online, the monetary value for purchasing one “Megalodon Shark Card” was €38.7 and one “Whale Shark Card” was -€59.1. However, sampling error and a limited time frame should be considered when interpreting the results. Despite the limitations, this study offers a perspective for future research into monetary value as others can learn from the limitations and improve future methodology.

Place, publisher, year, edition, pages
2023.
National Category
Economics
Identifiers
URN: urn:nbn:se:umu:diva-215694OAI: oai:DiVA.org:umu-215694DiVA, id: diva2:1807228
Available from: 2023-10-25 Created: 2023-10-25 Last updated: 2023-10-25Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf