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Chapter Two: E-Commece Mechanisms, Infrastructure, and Tools 85 and the lack of ratings systems create an environment where deceitful users cannot be held accountable for their Clark (2009),Liedtke (2009) and n.riipeia.org/wiki/Croigsist actions. Sourcess Compled from osigslist.org (accessed November 2010) (accessed Jenuary 2011) Another concern is that erotic services make up a significant portion of the total traffic on the site. There is a fear that many of the sexual encounters facilitated using Craigstist have been with underage girls. With the sheer volume of users and ads posted per day, such policing is not possible given the modest workforce of only 30 that the site employs. (On September 8, 2010, Craigstist closed its adult and erotic services sections) Questions 1. Identify the business model used by Craigslist Visit croigslist.org and identify the social network and business network elements 3. What do you like about the site? What do you dislike In addition, many supporters contend that attempts to control Craigslist may simply cause users to relocate to a different, less-regulated site. Surely the design of Craigslist shouldnt be too difficult to duplicate. However its brand 5. What are some of the risks and limitations of using extremely strong about it? Why ls Craligstist considered a site that changes the world this site Section 2.7REVIEW QUESTIONS 1. Define virtual communities and describe their characteristics. 2. List the major types of virtual communities 3. Define social network List some major social network sites Describe the global nature of social networks 6. Define social network analysis 7. Describe social networlking 2.8 VIRTUAL WORLDS AS AN ELECTRONIC COMMERCE MECHANISM According to en.wikipediaong/wii/Virtual world, a virtual world is a form of a computer- virtual world based simulated environment through which users can create an online community where A user-defined world in they can interact with one another and use and create objects. Virtual worlds are intended which people can for its users to inhabit and interact, and the term today has become largely synonymous with interact, play, and do interactive 3-D virtual environments, where the users take the form of avatars visible to business. The most others graphically. In virtual worlds the computer-simalated world offers the use of visual publidized virtual world stimuli that in turn can manipulate elements of the modeled world and thus create is Second Life telepresence, to a certain degree.The modeled woeld may motivate situations and rules, based on the real world or on some fantasy world. Users can manipulate elements of the modeled world and thus experience telepresence to a certain degree. The virtual world appeared nitially in massively multiplayer online games that depict a world very similar to the real world, with real world rules and real-time actions and communication. However, virtual worlds are not limited to games. Players can create a character to travel between buildings towns, and even worlds to carry out business or leisure activities. In a virtual world, you can be anyone you want You can build a dream house, decorate it, have a job, or fly a spaceship For an overview, see Malaby (2009). With the use of avatars, communication among users can include text,graphical icons, isual gestures, video clips, sound, and so forth. AVATARS Virtual worlds are populated with interactive animated characters-software agents humanlike movements avatars Animated computer characters that exhibit with personalities known as avatars Avatars are animated representations of humanlike and behaviors
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Craigslist uses the brokerage business model where it provides the seller or service to be offered for the people looking to buy or obtain the services. And, uses the advertising model for example in services like apartments listing and jobs advertisements are used to generate money for them making the business model used to be advertising.

The business network elements that are used in craigslist.org are jobs, freelance services and sales while the social network elements that are used in craigslist.org are personal accounts, community forums, discussion forums etc.

The thing that i like the most about craigslist is that it has a free to use business model where it provides all the functionality of a platform that people can obtain services from and provide services of their own. Secondly, the diversity of material and the amount of options it presents a person with is also remarkable. Thirdly, it is easy to use and requires a painless signup process where you can see the listings of other people and apply for them.

Craigslist.org is a website that people have utilized for their needs and are almost dependant on it. It allows people to offer their services and get the services of others providing a solid bridge to the gap of the distance between the buyer and seller. It has essentially created a network of services by bringing all sorts of users and their services together. Hence it can be safely said that craigslist.org can be considered a site that can “change the world”

There can be a different number of risks involved with using craigslist both for the buyers and the sellers which includes things like fraud in the form of money like present an authentic looking cashier’s check, phishing attacks and criminal activity because of the fact that you share your personal information on the website and this could be a serious problem at the end.

On the other hand the buyers can be tricked too by the problems of spam that people pull to allow them to gather the mail addresses of the interested buyers and make them the victims of scams. Along with the risk of giving our their personal information which makes them vulnerable to criminal activities.

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