Virtual economy

Author: Yan Ming
Publisher:
Publish Date: 2005-01-01
Features: Virtual economy refers to an economic operation model that is based on the functioning of the real economy and operates with abstract, virtual forms of wealth as its main subject. Formally virtual, such as finance and real estate that develop from virtual capital, and substantively virtual, such as economic virtualization models conducted on network frameworks, have rapidly developed into the true rulers of the modern economy under the guidance of the goal of maximizing actual wealth. With the rapid advancement of information technology and the increasing degree of economic financialization, finance has become the core of the modern economy, and the capital market has become the core of modern finance. Under modern electronic trading conditions, financial products such as stocks, bonds, and futures are manifested as abstract virtual value forms, transforming real material wealth into strings of symbols that increasingly exist and move independently of physical assets. Industries such as real estate, online banking, and collecting are also increasingly exhibiting virtual characteristics. The Virtual Economy aims to grasp the relationship between the real economy and the virtual economy through a combination of theory and practice, clarifying the inherent laws of virtual economic development. The New Economic Reference series aims to explore the characteristics and laws of this economic wave from the aforementioned aspects, providing insights and reflections for decision-makers, theoretical researchers, and entrepreneurs, while offering knowledge and wisdom to readers who are at the forefront of the wave. All the authors are doctors and masters who have studied economic issues. Although young, they have a solid theoretical foundation, sharp minds, and, most importantly, passion, innovation awareness, and a deep sense of responsibility toward society and history. The series consists of four volumes, with the planning and completion taking nearly three years. We publish this book without seeking fame or vanity, but rather wish to exchange our insights and views with readers through "solitude" and "deep cultivation."