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Valparaiso Univ. Law School

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Friday, January 29, 2010

Moringiello on virtual worlds

Bbb In the mail today, a hard copy of Juliet Moringiello's article What Virtual Worlds Can Do for Property Law, out in the January issue of the Florida Law Review, 62 Fla. L. Rev. 159 (2010).  Here's the abstract:

Virtual worlds such as Second Life have received much media attention, but whether or not they remain (or become) important business and social environments, they provide us with a unique opportunity to explore basic property principles.  By allowing participants to create, buy and sell electronic assets that the particpants can experience in much the same way that they experience tangible assets, virtual worlds give us valuable tools with which to evaluate the Terms of Use in which virtual world operators purport to grant their particpants limited property rights by contract.  These Terms of Use are not unique to virtual worlds, as many electronic assets are transferred by such contracts.  In my article, I illustrate that virtual worlds show us why the numerus clausus principle, which r estricts property rights to a set number of forms, should be applied more rigorously to intangible assets.

For those without a law library handy, an earlier version of the paper is here.

[FGS]

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