Virtual economy research project starting at Helsinki Institute for Information Technology
Helsinki, Finland - December 11th, 2007 - Helsinki Institute for Information Technology (HIIT) has secured funding and partners for a new research project into "virtual economies": systems where millions of Internet users create and trade virtual items and currencies, often for real money. The project, titled Advanced Virtual Economy Applications (AVEA), begins in January and will continue for 2.5 years. "We are excited to expand our pioneering research in this area.
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