Title :
The influence of real world on virtual world: An investigation of virtual land price in second life
Author :
Xiao-lin, Wang ; Qiang, Ye ; Qi, Lu
Author_Institution :
Sch. of Manage., Harbin Inst. of Technol., Harbin, China
Abstract :
Virtual world provides online environments where participants engage in socialization, entertainment, education, and business. There are also huge opportunities for electronic commerce in the near future. Several studies have explored the impacts of virtual worlds on realities. However, is virtual world really virtual? How does real world influence activities in virtual worlds? This paper attempts to understand the influence of real world house price on virtual world land price with data collected from SecondLife.com and federal housing finance agency of USA. The result reveals that land price in virtual world is significantly associated with real world land price.
Keywords :
electronic commerce; real estate data processing; virtual reality; USA; electronic commerce; federal housing finance agency; land price; real world influence; second life; virtual world; Avatars; Biological system modeling; Companies; Electronic commerce; Games; Second Life; electronic commerce; second life; virtual land price; virtual world;
Conference_Titel :
Management Science and Engineering (ICMSE), 2010 International Conference on
Conference_Location :
Melbourne, VIC
Print_ISBN :
978-1-4244-8116-3
DOI :
10.1109/ICMSE.2010.5719868
