Difference between revisions of "Future Runoff"
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| − | + | '''Future runoff''' is a term used to describe the propensity of an object to lose value outside of a certain context or situation. For example a glow stick at a concert costs $5, but has a $2 value outside post-event. Similarly, items which once had value in a certain time period (an Apple iPhone, for instance) may have no value in only a few years. Deprecating value is a result of quickly developing object-based economies. | |
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[[Category:Book Pages]] | [[Category:Book Pages]] | ||
| − | [[Category: | + | [[Category:Finished]] |
Revision as of 21:32, 25 April 2011
Definition
Future runoff is a term used to describe the propensity of an object to lose value outside of a certain context or situation. For example a glow stick at a concert costs $5, but has a $2 value outside post-event. Similarly, items which once had value in a certain time period (an Apple iPhone, for instance) may have no value in only a few years. Deprecating value is a result of quickly developing object-based economies.
