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One of the most notable developments in financial markets over the last 50 years is the growth of digital technology—a trend often referred to as “fintech.” This chapter examines fintech through the lens of consumer financial privacy, focusing on the implications of artificial intelligence...
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Digital platforms, such as Alibaba and Amazon, operate an online marketplace to facilitate transactions. This paper studies a platform’s business model choice between accepting cash and issuing tokens, as well as the implications for welfare, resiliency, and interoperability. A cash platform...
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The digital economy has created some new measurement challenges for macroeconomic statistics and may have exacerbated some older ones, raising some concerns about the scope and estimation of GDP. Against a backdrop of slowing rates of measured productivity growth, this has raised questions about...
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websites of sellers that adhere to a specific trust system allow consumers to choose among entities that have publicly … order to determine the influence of such seals. Our research shows that the use of trust seals increases Internet sales for …
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. Reputation systems are based on innovative algorithmic technology and generate trust among strangers. Self-regulation advocates …
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