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Denver, 5:30 PM
Sat Nov 7
35 posts in the last 24 hours
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11/04/09
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11/04/09
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ARE THOSE FUCKING POGS??? #christmas
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11/04/09
wow. #christmas
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11/04/09
As a kid, I wanted the Genesis version of Mortal Kombat, but I didn't have a Genesis and my parents sure as shoot weren't going to buy a whole new console to play one game when I could get what they saw as the same game for a system I already owned.
So, yeah - A lot of people, children included, wanted a PS3 back then. However, when you rely on your parents to buy stuff for you, you kinda have to deal with the fact that your parents are never going to spend $600 on a console when there is another console selling for $250. Heck, the fact that the Wii tried to appeal more to the parents than the PS3 did very well could have played a part in that.
Of course, this is all assuming they are forming these numbers based on demand, not sales. If they are forming them based on sales, then I have no idea how the PS3 got up there.
11/04/09
Some of these things just dont seem right to be honest.
Then again, i've not done any market research into it. #christmas
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It just warms the heart. #christmas
11/04/09
Hurry! We must make children crave new things! Such as... jackhammers. And bratwurst. #christmas
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"When I say "I have eyes on the back of my head" my kids know I mean it!" #christmas
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Regardless, what a brief overview given at the university website says is that he applied what is known as instrumental variables to the statistical regression. (IV as it is better known is usually used to combat random processes in data, or you could think of it as trying to control for bad data by using 'instruments' or proxies to adjust his figures.
However whilst the method can be used for good it depends very strongly on what proxies you utilise, and whether it makes sense to do so and works. There is a possibility that this is just a spurious relationship, (and his university really has no incentive to not promote his research, since it generates controversy and notoriety for them) Since applying a regression you essentially assume that there is a relationship between the two and that the relationship follows the causality of the specification.
Also he doesn't have a PhD he's only an undergrad. So take his work with a big grain of salt.
Also i wonder if there is a certain amount of self selection in his sample...
Anyway the key is to find his paper, then we can see whether it is a solid relationship or just an amusing regression. #money
11/03/09
1) A can cause B
2) B can cause A
3) A and B can be caused by outside variable C
4) A and B can be coincidentally similar in pattern but not actually linked
What I think we have here is a case of #3. It's likely that those who have lower paying jobs tend to have more time for games. As well, they would most likely be less educated as there is a known causal effect between education and income, thus they would likely spend less time reading.
It should also be noted that he himself states that women do not seem to be affected, seemingly showing a lack of a direct link between the two and suggesting an indirect link found in men. The boy needs to put down the controller and do his reading. #money
11/03/09
Stop finding a way to paint video games in a bad light. #money
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11/03/09
Seems to me that they're picking on video games for no real reason when it's hobbies in general that have this same effect. Then again, I might be missing the point completely and maybe I just made a fool out of myself <_< #money
11/03/09
250 minutes = 100% decrease in income.
Welp, better quit my job! :V #money
11/03/09
So instead of furthering a project that could potentially provide us with a small income (I'm thinking a few dollars a month), we choose to have fun instead.
Who would have thought, people opt for a leisure activity in their spare time.
Of course, gaming doesn't effect my normal income in the slightest. I have a decent (if dull) job and easily manage to keep what I do in my spare time separate from what I do at work.
Aside from spending hours on Kotaku instead of working... #money