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Ignorance, debt, and cryptocurrencies : the old and the new in the law and economics of concurrent currencies
Nabilou, Hossein; Prüm, André - In: Journal of financial regulation 5 (2019) 1, pp. 29-63
Persistent link: https://www.econbiz.de/10012160942
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Blockchain's struggle to deliver impersonal exchange
Arruñada, Benito - 2017
Persistent link: https://www.econbiz.de/10011686512
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Virtual property and governance structures with blockchain
Spithoven, Antoon - In: Journal of economic issues 57 (2023) 2, pp. 466-475
Persistent link: https://www.econbiz.de/10014445015
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Transaction fee economics in the Ethereum blockchain
Donmez, Anil; Karajvanov, Alexander K. - In: Economic inquiry 60 (2022) 1, pp. 265-292
Persistent link: https://www.econbiz.de/10012796491
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Permissioned distributed ledgers and the governance of money
Auer, Raphael A.; Monnet, Cyril; Shin, Hyun Song - 2021
We explore the economics and optimal design of "permissioned" distributed ledger technology (DLT) in a credit economy. Designated validators verify transactions and update the ledger at a cost that is derived from a supermajority voting rule, thus giving rise to a public good provision game....
Persistent link: https://www.econbiz.de/10012432480
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Bitcoin as an investment and hedge alternative : a DCC MGARCH model analysis
Rudolf, Karl Oton; El Zein, Samer Ajour; Jackman … - In: Risks : open access journal 9 (2021) 9, pp. 1-22
Volatility and investor sentiment have been factors for the slow adoption rate of Bitcoin (BTC) that was first recognized in 2008 as a potential store of value, investment vehicle and a hedge alternative to gold during a recession. The purpose of this applied mathematics study will use a...
Persistent link: https://www.econbiz.de/10012612471
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On the profitability of selfish blockchain mining under consideration of ruin
Albrecher, Hansjörg; Goffard, Pierre-Olivier - In: Operations research 70 (2022) 1, pp. 179-200
Persistent link: https://www.econbiz.de/10012820652
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A Markov decision process-based secure consensus framework for leveraging blockchain technology in IoT applications
Sharma, Nonita; Mangla, Monika; Mohanty, Sachi Nandan - In: International journal of electronic business : IJEB 17 (2022) 3, pp. 270-282
Persistent link: https://www.econbiz.de/10014302480
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Chapter 36 Careers in organizations: Theory and evidence
Gibbons, Robert; Waldman, Michael - In: Handbook of labor economics : volume 3, part B, (pp. 2373-2437). 1999
We survey the theoretical literature on careers in organizations, focusing on models that address detailed evidence or stylized facts. We begin with what we call building-block models: human-capital acquisition, job assignment, incentive contracting, efficiency wages, and tournaments. We then...
Persistent link: https://www.econbiz.de/10014024710
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The blockchain, plums, and lemons : information asymmetries & transparency in decentralized markets
Notheisen, Benedikt; Weinhardt, Christof - 2019
Despite a growing interest, researchers and practitioners still struggle to transfer the blockchain concept introduced … information, this study analyzes the effect of the blockchain's public transparency paradigm on behavioral patterns and market … outcomes. In line with prior research, our findings indicate that the blockchain's shared record mitigates adverse selection …
Persistent link: https://www.econbiz.de/10011979156