Virtual Worlds and New Realities Conference at Emory University, February 2008
34 Pages Posted: 12 Feb 2007 Last revised: 3 Aug 2014
Date Written: November 1, 2006
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.
Keywords: emerging virtual institutions, virtual worlds, augmented reality, augmented group cognition, governance, social orders
JEL Classification: D23, D70, D73, D83
Suggested Citation: Suggested Citation
Bray, David A. and Konsynski, Benn, Virtual Worlds, Virtual Economies, Virtual Institutions (November 1, 2006). Virtual Worlds and New Realities Conference at Emory University, February 2008. Available at SSRN: https://ssrn.com/abstract=962501 or http://dx.doi.org/10.2139/ssrn.962501