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El. knyga: Cybercash: The Coming Era of Electronic Money

  • Formatas: PDF+DRM
  • Išleidimo metai: 22-Oct-2002
  • Leidėjas: Palgrave Macmillan
  • Kalba: eng
  • ISBN-13: 9781403914507
Kitos knygos pagal šią temą:
  • Formatas: PDF+DRM
  • Išleidimo metai: 22-Oct-2002
  • Leidėjas: Palgrave Macmillan
  • Kalba: eng
  • ISBN-13: 9781403914507
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Cybercash refers to the creation and circulation of online money. Guttman applies economic analysis to this electronic money to understand how it will enable the internet to re-establish itself as the dynamic center of the new economy and how this new money form will become the dominant payment mechanism rivaling cash, paper checks or credit cards. This will be the first book to look at the coming era of electronic money within the broader context of the economy. Cybercash refers to the creation and circulation of online money. Guttman applies economic analysis to this electronic money to understand how it will enable the internet to re-establish itself as the dynamic center of the new economy and how this new money form will become the dominant payment mechanism rivaling cash, paper checks or credit cards. This will be the first book to look at the coming era of electronic money within the broader context of the economy. Cybercash refers to the creation and circulation of online money. Guttman applies economic analysis to this electronic money to understand how it will enable the internet to re-establish itself as the dynamic center of the new economy and how this new money form will become the dominant payment mechanism rivaling cash, paper checks or credit cards. This will be the first book to look at the coming era of electronic money within the broader context of the economy.

Recenzijos

'Professor Guttmann's book on Cybercash provides a brilliant, clear and complete presentation of the Internet revolution in the fields of money and finance. This original and highly readable book takes us into the heart of virtual capitalism. The author makes a convincing case that Cybercash will have profound effects on our daily operations while presenting a challenge for banks and public policy makers alike.' - Professor Dominique Plihon, Paris Nord University, France, and Member of the Council of Economic Analysis attached to the Prime Minister





'Robert Guttmann's Cybercash is a highly original account of online money and what it will mean to our economy and culture. It is accessible, 'savant', and well written. This book will fascinate all social scientists interested in money and all those who want to know about the internet's dramatic impact during this century.' - Serge Moscovici, Directeur d'Etudes, Ecole des Hautes Etudes en Sciences Sociales, Paris, France, and former Professor of Social Psychology, Graduate Faculty, New School for Social Research, New York, USA





'Guttmann predicts that within a decade varying forms of electonic money will largely replace paper money...' - Lawrence R. Maxted, Library Journal

List of Figures and Tables
ix
Preface x
Acknowledgments xiii
List of Abbreviations
xiv
Part I Money and the Internet 1(82)
Electronic Money
3(23)
The Beginnings of Electronic Money
4(5)
Defining Cybercash
9(3)
Money as Social Institution
12(5)
The Dematerialization of Money
17(5)
The Dual Nature of Money
22(3)
The Emergence of Cybercash
25(1)
The Monetary Regime in Transition
26(30)
Stagflation Crisis
27(4)
The Deregulation of Paper Money
31(7)
Securitization of Credit
38(5)
Computerization of Finance
43(7)
Online Banking
50(6)
The Internet Revolution
56(27)
Birth of the Internet
57(8)
The Dot-com Crash
65(5)
Restructuring the Internet
70(11)
The Internet as Payment Sphere
81(2)
Part II The Complexities of Cybercash 83(94)
Money as Software
85(25)
The Properties of Cybercash
87(2)
Privacy Concerns
89(5)
Safety Concerns
94(7)
The Control of Cybercash
101(5)
High-tech Money
106(4)
Three Generations of Cybercash
110(34)
The Birth of Cybercash
111(8)
E-mail Money
119(5)
Coupon Money
124(9)
The Maturing of Cybercash
133(11)
Managing Online Money
144(33)
The Life Cycle of Cybercash
145(6)
Digital Seigniorage
151(5)
Risk Management
156(6)
External Stabilizers
162(15)
Part III The Internet-based Economy 177(64)
Virtual Capitalism
179(33)
The Online Marketplace
180(6)
Automation of the Production Circuit
186(10)
Cyberfinance
196(8)
Intangible Capital and Fictitious Capital
204(8)
Cyberspace and Public Policy
212(29)
The Internet as Public Policy Challenge
214(9)
Information Management
223(4)
Macroeconomic Policy Implications
227(8)
Cybercash as Transnational Money
235(6)
Notes 241(15)
Bibliography 256(8)
Index 264


Robert Guttman isProfessor of Economics at Hofstra University, USA