"It's going to happen whether you like it or not," the virtual worlds developer said of gold farming. "People will always find the path of least resistance, if you stop them buying your gold then they'll buy that gold from somebody else who is gold farming."
"Trying to stop that happening is literally like telling the tide not to come in - you will fail."
"If you don't build that into your system then you're not going to be able to compete with the gold farmers and that will ruin your in-game economy, which will in turn ruin your game. At the very least having the recognition that virtual economics is a discipline and is a very important integral part to being a virtual world," he added.
Fraser-Robinson listed Eve Online as a game that -- rather than stomping out real money transactions only to have them return in greater force – arranged its economy with the help of an actual economist.
"I think that's absolutely essential going forward… because wherever humans are in communities and whenever they are bartering there is a market and there is going to be a market place. If you let that go with no regulation and no recognition then very, very crazy things will happen."