Valve on Steam Trade-Ins

An interview with Valve's Gabe Newell on Eurogamer talks with the Valve boss about a variety of topics, such as Counter-Strike: Global Offensive and the future of the company. An item of particular interest, as noted by GameSpot, is his answer to whether he foresees ever allowing gamers to trade-in used games on Steam. Here's his response:
We need to hire an economist, because we keep bumping up into these issues. You're starting to look at weird issues like currency and inflation and productivity and asset values and liquidity of asset categories. We just wish we were smarter about this stuff. We're reading frantically. We're brushing up, and all we're doing is convincing ourselves that we're more stupid. Half the time people are saying, oh, well, illiquid assets inherently have a penalty, so this argues for trade-ability, that we're essentially becoming a Russian currency model in the 1970s. Everybody races off to try to read papers on the implications of that.

We think we want to move in the direction where everything is an item of exchange. We just aren't totally sure how to do that right. We're sure there are economists out there who understand this really well. We feel like we're this third-world developing country. We've discovered rocks! And we've discovered sticks! And there's this other thing out there and we should move our economy in that direction. There must be somebody at the World Bank who can tell us what we ought to be doing. We just don't know what that is yet.
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Re: Valve on Steam Trade-Ins
Aug 27, 2011, 16:28
33.
Re: Valve on Steam Trade-Ins Aug 27, 2011, 16:28
Aug 27, 2011, 16:28
 
It'd be interesting to see Steam offer users the ability to trade vs sell or buy. So if I want to buy Battlefield Bad Company 2 for the pc then I go look at who wants to trade that and if I have what he/she wants then the licenses simply transfer between our accounts. Maybe a $1 fee or something.

Or if the stuff they want is stuff I have to buy it simply charges my card for the games I need to complete that trade.

This could be a great two way street for everyone, people are going to buy your game in order to trade it to others for something they have. And older games would become almost worthless very quick. IE no one is going to trade for Borderlands GOTY when it's been on sale for $7.50.

You could limit the number of trades if necessary so that there wouldn't be this huge question mark as far as how good/bad this will be.

At very least the people paying $50-$60 for new games should have this ability one time. Paying full price at launch is kind of ridiculous. If that came with the ability to trade it one time that would make that price easier to stomach. If they implemented a one time trade on certain purchases I think they should be able to list them for sale and pay a fee to steam for the transfer. Steam can work out what, if any, dollars go back to the devs. The devs have been paid in my book, they dont deserve a penny but they control how the content is sold into steam in the first place so I guess they need to be included.
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Re: Valve on Steam Trade-Ins