Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/123502 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
WZB Discussion Paper No. SP II 2015-502
Verlag: 
Wissenschaftszentrum Berlin für Sozialforschung (WZB), Berlin
Zusammenfassung: 
A complete set of transactions, more than 40 million within a 1.8 year span, allows us to track the evolution of the trader network and the goods network in an on-line trading community. The computer platform was designed to make barter exchange as attractive as possible; money was not part of the design and all players were created equal. Yet, within weeks, several specific goods began to emerge as media of exchange, and not long after that various sorts of specialized traders began to appear. We track their progress using network-theoretic metrics such as node strength, assortativity, betweenness and closeness. By the end of our sample, virtually all trade was money-mediated and market makers played a major role.
Schlagwörter: 
Multiple Money as Medium of Exchange
Market Makers
Virtual Economy
Market Efficiency
Network Analysis
JEL: 
B41
C45
D49
E42
Dokumentart: 
Working Paper

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