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Relationship Between Second Life and the U.S. Economy
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Author(s): Rosemarie Reynolds (Embry-Riddle Aeronautical University, USA), Yusuke Ishikawa (Embry-Riddle Aeronautical University, USA)and Amanda Macchiarella (Embry-Riddle Aeronautical University, USA)
Copyright: 2010
Pages: 13
Source title:
Encyclopedia of E-Business Development and Management in the Global Economy
Source Author(s)/Editor(s): In Lee (Western Illinois University, USA)
DOI: 10.4018/978-1-61520-611-7.ch009
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Abstract
Second Life is a virtual world designed to be a free, laissez-faire market economy in which Linden Dollars are used to buy and sell goods and services. This study investigated the relationship between the economies of Second Life and the United States, using financial data collected from Linden Lab and the Federal Reserve. Partial correlation analyses were computed between two pairs of economic measures, and our results indicated that there was a significant relationship between the two economies.
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