Monday, July 10, 2006
Opportunity cost in WoW
In MMORPGs like World of Warcraft, your main investment is time. People might complain about the $15 monthly cost, but provided you play more than 3 hours per month, at a US minumum wage of $5.15 the time you invest in WoW is a lot more valuable than the monetary cost. And you need to spend your time wisely, as with all investments. You might want to have one character of every possible class at level 60 in tier 3 epic armor, with an epic mount, and all factions to exalted, but you're not likely to get there anytime soon, and you have to prioritize.
Whatever goal you pursue has an "opportunity cost", of another goal you can't reach at the same time. For example after over 2000 hours played I still don't have an epic mount on any character. I'm sure if I really wanted I could make 10 to 20 gold per hour farming stuff, but that would mean 50 to 100 hours (2 to 3 weeks at my rate of play) of time spent not going after other goals, which interest me more. In 100 hours I could explore a new class by leveling a new character to 30 or so. I could go on about 20 raids, or 30+ instance dungeons. Or I could make some serious improvement to one faction reputation, not that I'm likely to, I don't like grinding faction.
So what are the goals that you decided to put on a backburner? The things you would like to do/have, but never find the time to, because other goals are more important?
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Erm, I put WoW on the back burner, because I wanted to get back to reading books. I could feel myself getting stoopider...
haha endie...I put pvpng in BGs on the back burner becuase I got stuck at level 10...wasnt fun losing to Horde anymore :( I started a new druid and she is a ton of fun!
I 100% agree on the time investment element. I've played roughly as many hours as yourself, with a small handful of characters, and I too am lacking in the uber-l33t stuff department. The reason? My lack of "extended" time I can set aside to seek such things. I can play for an hour here or there, but cannot set aside the 4 hours, on a Saturday, at 4:00 to raid with a guild to seek phat l00t. I consider myself an experienced/skilled player, yet that doesn't really help if my time investment is low. I do have goals however, none of which lead to items. I have a goal of at least experiencing the content I've not had a chance at. I'm a father of a young child (soon to be a father again come Sept) so my time investment priority is elsewhere. I simply want to see and experience the things that so many others can see each day due to their increased time investment in WoW.
I've mostly put raiding on the backburner for the time investment reason. Even with my 60's I could grind gold or faction and feel some sort of progression, even if I only have an hour.
Perhaps when summer stops being so dang nice and I'm actually shut in for extended time I can worry about a raid...but right now those shiny purples and extra nice blues will have to wait.
Perhaps when summer stops being so dang nice and I'm actually shut in for extended time I can worry about a raid...but right now those shiny purples and extra nice blues will have to wait.
Alts here as well/ I've made a choice to focus on faction and raiding with my main, which leaves a couple of alts in prema-rest state.
Almost everything that isn't 40-man raiding. I've put 2 epic mounts, faction grinding (namely CC), 5-20-man groups/raids and money-making aside. The last goes hand-in-hand with the first but also explains why I haven't purchased the 1-3 additional arcane crystals I need for Nax attunement (depending if I get 1 or both of my 60's attuned). I wish there was an easy way for my WoW characters to not be so poor, given my preference for 40-man raiding over money-grinding. As yet I can't bring myself to purchase gold though I haven't entirely ruled that out yet.
I'm one of those dabblers: lots of alts, BGs, rep, RP, tradeskills, etc. Exploring content is always front-burner.
I've back-burnered raiding -- even though I'm quite interested -- as it seems like too many other things would have to give to really accomodate that. It also has that 'commitment' quality to it that makes it unattractive. When fun is the focus, I want to have the lee-way to just run off and whack a few critters or even do a gray quest if the mood strikes -- without feeling like I'm letting anyone down.
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I've back-burnered raiding -- even though I'm quite interested -- as it seems like too many other things would have to give to really accomodate that. It also has that 'commitment' quality to it that makes it unattractive. When fun is the focus, I want to have the lee-way to just run off and whack a few critters or even do a gray quest if the mood strikes -- without feeling like I'm letting anyone down.
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