Hedonic Valuation of Online Game Participation

• Main Authors: KAUFFMAN, Robert J., KIM, Kwansoo, YOO, Byungjoon
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Economic analysis; hedonic pricing model; hedonic value; mechanism design; online games; utilitarian value; valuation.; Computer Sciences; Management Information Systems
• Online Access: https://ink.library.smu.edu.sg/sis_research/1747; https://ink.library.smu.edu.sg/context/sis_research/article/2746/viewcontent/p290_kauffman.pdf
• Institution: Singapore Management University

We use hedonic valuation to establish a basis for valuing the time a user participates in an online gaming community. We distinguish between utilitarian and hedonic value. Our application involves elements of both utilitarian and hedonic value, however, the latter is much more important. We use an e...