Luxury and the Metaverse

I. The Metaverse

Metaverse Loop-String Cosmology

Most theories of everything (TOEs) like string theory are based on physics. But there are as well TOEs based on "mathematics" being fundamental to a reality based on science. In particular, one math-TOE is based on the discrete natural numbers famously used by Godel to derive his Incompleteness Theorems. Such math computational theories (math-comp) assume that the comp-machine has an infinite c...

Constructing Typographic Playgrounds in the Metaverse

This text attempts to delve into the creation of textual content as well as its visualization through typographic design mechanisms inside three dimensional virtual worlds known as the metaverse, with a particular focus upon the way in which such virtually three dimensional environments may place the usage of text within a context that stands in contradiction to its traditional one by creating ...

Luxury, Luxury Brand and Luxury Market in India: From Class Consumers to Closet Consumers

The luxury concept has throughout history played an important role in social life by being a clear indicator of knowledge and social class which has not changed at present but only becoming catchier. Today, the demand for luxury brands is ever increasing and brand offering is continuously on the rise.The luxury market is expanding rapidly in India on the back of economic deregulation, fast GDP ...

Luxury Goods and the Equity Premium

This paper evaluates the equity premium using novel data on the consumption of luxury goods. Specifying utility as a nonhomothetic function of both luxury and basic consumption goods, we derive pricing equations and evaluate the risk of holding equity. Household survey and national accounts data mostly reflect basic consumption, and therefore overstate the risk aversion necessary to match the o...