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Thesis (Master's)

Reykjavík University > Samfélagssvið / School of Social Sciences > MSc Viðskiptadeild / Department of Business Administration >

Please use this identifier to cite or link to this item: http://hdl.handle.net/1946/16264

Title: 
  • Insurance environment in a virtual world - Calculations and implementation of insurance schemes in EVE-Online
Degree: 
  • Master's
Abstract: 
  • The insurance system in EVE-Online has been fundamentally unchanged for a decade and is not fully utilized by all players. By updating the insurance system with risk factors included, could be the first step in implementing more financial elements into the game. New calculation methods are performed on hypothetical data and recommendations on implementing are presented. The data was generated and simulated to replicate a sample set of 2,500 characters. The generalized linear model is proposed as the ideal vessel for incorporating new risk factors as it able to work with various types of distributions. By introducing new methods of calculation to the current system, a more realistic insurance contract will be introduced. The result of this will enable CCP to introduce additional insurance products for its players, as well as further broadening the research environment for academics and researchers that want to test theory and evaluate behavioral patterns.

Accepted: 
  • Aug 26, 2013
URI: 
  • http://hdl.handle.net/1946/16264


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