This study examines the effect of mobile technologies on the choice of self-employment in Kenya. The study used the 2016 household FinAccess retail survey data, which was collected using stratified multi-stage sampling to ensure representativeness at the national, regional, and residence (urban...

We study the economics of Bitcoin transaction fees in a simple static partial equilibrium model with the specificity that the system security is directly linked to the total computational power of miners. We show that any situation with a fixed fee is equivalent to another situation with a...

The Bitcoin protocol supports optional direct payments from transaction partners to miners. These “fees” are supposed to substitute miners' minting rewards in the long run. Acknowledging their role for the stability of the system, the right level of transaction fees is a hot topic of...