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Regulatory theorists have engaged in an interesting debate over the merits of “collaborative governance.” The term refers to those governance approaches in which regulators, industry and other stakeholders work together on drafting and enforcing rules. Proponents of collaborative governance...
Persistent link: https://www.econbiz.de/10013059074
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The work provides a method for classifying blockchains and crypto-assets, facilitating their comparison for business and regulatory purposes. Blockchains - and more generally systems based on Distributed Ledger Technology (DLT) - adopt different technologic configurations, each distinguished by...
Persistent link: https://www.econbiz.de/10014555686
This study reviews the regulatory issues developers and users of emerging financial technologies face as use cases expand. DeFi and DAOs, which build upon advances in AI and blockchain, reduce the cost of coordinating complex financial services. Yet the efficiency gains intertwine with potential...
Persistent link: https://www.econbiz.de/10013298620
Data brokers collect, manage, and sell customer data. We propose a simple model, in which data brokers sell data to downstream firms. We characterise the optimal strategy of data brokers and highlight the role played by the data structure for co-opetition. If data are “sub-additive”, with...
Persistent link: https://www.econbiz.de/10012891572
individual datasets, competition emerges more often. Finally, data sharing is more likely when data brokers are more efficient at …
Persistent link: https://www.econbiz.de/10012850526
Uber and similar rideshare services are rapidly dispersing in cities across the United States and beyond. Given the convenience and low cost, Uber has been characterized as a potential countermeasure for reducing the estimated 121 million episodes of drunk driving and the 10,000 resulting...
Persistent link: https://www.econbiz.de/10012985461
The prevailing historical accounts of the formation of the US aircraft “patent pool” in 1917 assume the US government necessarily intervened to alleviate a patent hold-up among private aircraft manufacturers. We show these accounts to be inconsistent with the historical facts. We show that...
Persistent link: https://www.econbiz.de/10014151640
economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so … concerning? (ii) Would vertical or horizontal integration be more preferable for overall welfare and competition in this industry … concentrated U.S. market for audiovisual content the process of further vertical integration creates concerns from a competition …
Persistent link: https://www.econbiz.de/10012869100
Technological progress allows Internet Service Providers (ISPs) to carry out network manage-ment practices in a discriminatory fashion without being detected by their customers. This creates an opportunity that providers will exploit this information asymmetry in an opportunistic way by blocking...
Persistent link: https://www.econbiz.de/10010210084