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Virtual Worlds, Virtual Economies, Virtual InstitutionsDavid A. BrayNational Defense University - Information Resources Management College; Emory University - Department of Decision & Information Analysis Benn KonsynskiEmory University - Goizueta Business School November 1, 2006 Virtual Worlds and New Realities Conference at Emory University, February 2008 Abstract: Virtual worlds are now a reality. Virtual worlds such as the growing Second Life and Entropia Universe, allow everyone to create a digital character representing themselves and interact with other computer-generated individuals, landscapes, and even virtually-run global businesses in real-time. Fascinatingly, both endogenously produced economies and social orders are emerging in these virtual worlds.
Number of Pages in PDF File: 34 Keywords: emerging virtual institutions, virtual worlds, augmented reality, augmented group cognition, governance, social orders JEL Classification: D23, D70, D73, D83 working papers seriesDate posted: February 12, 2007 ; Last revised: January 5, 2009Suggested CitationContact Information
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