Toward a better understanding of the virtual economy platforms

Nazir, Mohamed, Lui, Carrie Siu Man, and Hamilton, John R. (2016) Toward a better understanding of the virtual economy platforms. In: Proceedings of the 16th International Conference on Electronic Business, pp. 534-539. From: ICEB 2016: 16th International Conference on Electronic Business, 4-8 December 2016, Xiamen, China.

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Abstract

Understanding the virtual world (VW) platforms, the virtual currency (v-currency) exchange rate, and the marketplace is critical to the success of the virtual economy (v-economy). However, the current knowledge on VW platforms, marketplace, and currency exchange rate is incomplete. Drawing on the v-economy dimensions, this study proposes a diagram that produces a suitable integration of dimensions, which provides high chances of improving the v-economy activities in the VW. The finding indicates that there are three dimensions that could integrate together to improve a v-economy platform, and these are a dynamic platform, a free currency exchange rate, and a free marketplace.

Item ID: 48597
Item Type: Conference Item (Research - E1)
ISSN: 1683-0040
Keywords: virtual economy, virtual world, virtual marketplaces, exchange rate, virtual currency
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Date Deposited: 27 Apr 2017 02:19
FoR Codes: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150399 Business and Management not elsewhere classified @ 100%
SEO Codes: 90 COMMERCIAL SERVICES AND TOURISM > 9099 Other Commercial Services and Tourism > 909999 Commercial Services and Tourism not elsewhere classified @ 100%
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