Title :
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
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;
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
DOI :
10.1109/NSWCTC.2009.100
