We develop a theory of blockchain governance. In our model, the proof-of-work system, which is the most common set of … services. We analyze the two-way interactions between blockchain governance and the market structure of the industries in the … blockchain ecosystem. Our main result is that the proof-of-work system leads to a situation where the governance of the …

-curve empirical framework to investigate how financial development, globalisation and technology affect income inequality. Our … economies are mixed, technology and financial development lead to increasing inequality for most emerging economies. Hence …

The decentralized digital currency Bitcoin - and its underlying "blockchain" technology - has created much excitement … in the technology community, but its potential for building truly empowering social and solidarity-based finance has yet … libertarian political dynamics of some of the technology start-up community that surrounds Bitcoin. As a way of contrast the paper …

This paper examines the impact of procedural justice and sanctions on police legitimacy in a middle-income context … concludes that, while sanctions deter repeated infractions, they can erode legitimacy if not applied respectfully, highlighting …