How Video Games Trick You Into Spending Money

People spend hundreds of dollars on in-game purchases in video games. How do companies trick you into using real money to buy fake items?

Money Is Disgusting – https://youtu.be/ikjYlEIWqvQ
Sign Up For The Seeker Newsletter Here – http://bit.ly/1UO1PxI

Read More:
A Concept Gadget Gives Digital Currency That Real Money Feel
https://www.wired.com/2016/09/concept-gadget-gives-digital-currency-real-money-feel/
“That’s because cash, anachronistic as it seems, has its benefits. Amit points to research that suggests people assign more value to items that they purchase with cash.”

Looking at In-Game Currencies
http://www.gamesparks.com/blog/looking-at-in-game-currencies/
“Today we’re going to be looking at currencies in free to play games, how they define your in-game economy, the different approaches to implementing them and why the most popular models work.”

Spending and credit cards
https://www.psychologytoday.com/blog/ulterior-motives/201001/spending-and-credit-cards
“There is also a lot of evidence that consumers spend more money when paying with credit cards than when they are spending cash. For example, Drazen Prelec and Duncan Simester reported studies on this topic in a 2001 issue of Marketing Letters.”
____________________

DNews is dedicated to satisfying your curiosity and to bringing you mind-bending stories & perspectives you won’t find anywhere else! New videos daily.

Watch More DNews on Seeker http://www.seeker.com/show/dnews/

Subscribe now! http://www.youtube.com/subscription_center?add_user=dnewschannel

DNews on Twitter http://twitter.com/dnews

Trace Dominguez on Twitter https://twitter.com/tracedominguez

DNews on Facebook https://facebook.com/DiscoveryNews

DNews on Google+ http://gplus.to/dnews

Discovery News http://discoverynews.com

Sign Up For The Seeker Newsletter Here: http://bit.ly/1UO1PxI

Special thanks to Julian Huguet for hosting DNews!
Check Julian out on Twitter: https://twitter.com/jhug00

Comments

comments