The Use of Serious Games to Enhance Financial Literacy Among Adolescents
Anthony Edwards 2025-02-07

The Use of Serious Games to Enhance Financial Literacy Among Adolescents

Thanks to Anthony Edwards for contributing the article "The Use of Serious Games to Enhance Financial Literacy Among Adolescents".

The Use of Serious Games to Enhance Financial Literacy Among Adolescents

This research examines the convergence of mobile gaming and virtual reality (VR) technologies, focusing on how the integration of VR into mobile games can create immersive, interactive experiences for players. The study explores the technical challenges of VR gaming on mobile devices, including hardware limitations, motion tracking, and user comfort, as well as the design principles that enable seamless interaction between virtual environments and physical spaces. The paper investigates the cognitive and emotional effects of VR gaming, particularly in relation to presence, immersion, and player agency. It also addresses the potential for VR to revolutionize mobile gaming experiences, creating new opportunities for storytelling, social interaction, and entertainment.

This paper critically analyzes the role of mobile gaming in reinforcing or challenging socioeconomic stratification, particularly in developing and emerging markets. It examines how factors such as access to mobile devices, internet connectivity, and disposable income create disparities in the ability to participate in the mobile gaming ecosystem. The study draws upon theories of digital inequality and explores how mobile games both reflect and perpetuate existing social and economic divides, while also investigating the potential of mobile gaming to serve as a democratizing force, providing access to entertainment, education, and social connection for underserved populations.

This research applies behavioral economics theories to the analysis of in-game purchasing behavior in mobile games, exploring how psychological factors such as loss aversion, framing effects, and the endowment effect influence players' spending decisions. The study investigates the role of game design in encouraging or discouraging spending behavior, particularly within free-to-play models that rely on microtransactions. The paper examines how developers use pricing strategies, scarcity mechanisms, and rewards to motivate players to make purchases, and how these strategies impact player satisfaction, long-term retention, and overall game profitability. The research also considers the ethical concerns associated with in-game purchases, particularly in relation to vulnerable players.

The social fabric of gaming is woven through online multiplayer experiences, where players collaborate, compete, and form lasting friendships in virtual realms. Whether teaming up in cooperative missions or facing off in intense PvP battles, the camaraderie and sense of community fostered by online gaming platforms transcend geographical distances, creating bonds that extend beyond the digital domain.

This research critically examines the ethical considerations of marketing practices in the mobile game industry, focusing on how developers target players through personalized ads, in-app purchases, and player data analysis. The study investigates the ethical implications of targeting vulnerable populations, such as minors, by using persuasive techniques like loot boxes, microtransactions, and time-limited offers. Drawing on ethical frameworks in marketing and consumer protection law, the paper explores the balance between business interests and player welfare, emphasizing the importance of transparency, consent, and social responsibility in game marketing. The research also offers recommendations for ethical advertising practices that avoid manipulation and promote fair treatment of players.

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