The Risks of Network Virtual Assets and its Measurements

Author

Peng, Hui ; Niu, Linyu

Author_Institution

Sch. of Econ. & Manage., Beijing Univiersity of Posts & Telecommun., Beijing

Volume

2

fYear

2009

fDate

25-26 April 2009

Firstpage

434

Lastpage

437

Abstract

This paper analyzes two major types of latent risk of the network virtual assets: the network virtual environment risk and the specific assets risk. The network virtual environment risk includes risks of network safety, exchange rate and credit of operators. The specific assets risk includes the liquidity risk caused by specific virtual asset changing into virtual currency and the risk of virtual debtor´s credit. In the meantime, this paper put forward two kinds of methods to measure virtual assetspsila risk premium, which can provide references for the virtual financial assets pricing, subscriberspsila portfolios and the supervision of virtual financial assets.

Keywords

financial data processing; security of data; exchange rate; liquidity risk; network safety; network virtual assets; network virtual environment risk; operator credit; specific assets risk; virtual currency; virtual debtor credit; Asset management; Investments; Law; Merchandise; Pricing; Risk analysis; Second Life; Stock markets; Virtual environment; Wireless communication; network virtual assets; risk measurement; virtual currency;

fLanguage

English

Publisher

ieee

Conference_Titel

Networks Security, Wireless Communications and Trusted Computing, 2009. NSWCTC '09. International Conference on

Conference_Location

Wuhan, Hubei

Print_ISBN

978-1-4244-4223-2

Type

conf

DOI

10.1109/NSWCTC.2009.100

Filename

4908498