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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 …
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"This paper demonstrates that levels of entrepreneurship can be greatly affected by the general policy environment. Using a state-level panel, we estimate the effects of several policy variables on rates of entrepreneurship and find that bankruptcy exemptions, corporate tax rates, and the level...
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Papua New Guinea has had a diverse history of contestation over resource revenues during its past forty years since independence. The major actors have been the national and provincial level governments and politicians, international development agencies, resources companies and local landowners...
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sustainable forest management, to name some of the most relevant. The selected international organizations are: UN-REDD, The GEF …
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