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Valve hires economist to manage, experiment with its free-to-play games

Valve has hired Greek-Australian economist and economics theory professor Yanis Varoufakis to help the company analyze the virtual economies/currencies of its games. The company isn’t the first game developer to have an in-house economist — CCP brought in one to study its EVE Online MMO several years ago — but this move supports Valve’s shift toward producing free-to-play titles, such as Team Fortress 2 and the upcoming Dota 2. Though Varoufakis has little experience working …