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.
Author(s): Robert Guttmann
Year: 2002
Language: English
Pages: 320
Cover......Page 2
CONTENTS......Page 9
LIST OF FIGURES AND TABLES......Page 11
PREFACE......Page 12
ACKNOWLEDGMENTS......Page 15
LIST OF ABBREVIATIONS......Page 16
PART I Money and the Internet......Page 19
CHAPTER 1 Electronic Money......Page 21
CHAPTER 2 The Monetary Regime in Transition......Page 44
CHAPTER 3 The Internet Revolution......Page 74
PART II The Complexities of Cybercash......Page 101
CHAPTER 4 Money as Software......Page 103
CHAPTER 5 Three Generations of Cybercash......Page 128
CHAPTER 6 Managing Online Money......Page 162
PART III The Internet-based Economy......Page 195
CHAPTER 7 Virtual Capitalism......Page 197
CHAPTER 8 Cyberspace and Public Policy......Page 230
NOTES......Page 259
BIBLIOGRAPHY......Page 274
INDEX......Page 282