An Empirical Analysis of Virtual Goods Permission Rights and Pricing Strategies
An Empirical Analysis of Virtual Goods Permission Rights and Pricing Strategies
复制标题
虚拟商品权限与定价策略的实证分析
DOI:
10.1111/j.1540-5915.2012.00384.x
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发表时间:
2012-06
影响因子:
5.5
通讯作者:
Zhang, Zhongju
中科院分区:
文献类型:
--
作者:
Ke, Dan;Ba, Sulin;Stallaert, Jan;Zhang, Zhongju
With the rapid development of the virtual world industry in the past few years, trading of virtual goods and services has grown significantly. Virtual goods creators can set different permissions to their creations, such as the length of usage, the ability to copy or modify a virtual good, or the ability to give the good to others. The permissions of virtual goods endow their creators with additional power to control the allocation and exchange of virtual goods in a virtual world. This paper examines how the unique virtual goods permission settings (Copy, Modify, and Transfer) and other factors are associated with virtual goods prices. Using data from a Second Life marketplace, we find that permissions of virtual goods are not random, as creators strategically set the permissions for their virtual creations. Our results show that the Copy and Transfer permissions are significant factors associated with virtual goods prices. The impact of other factors on virtual goods prices is analyzed and managerial implications are discussed.
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