Similar Search Results

Liquidity Misallocation on Decentralized Exchanges

Fang, Chuck - 2022

I show that capital is misallocated across liquidity pools on blockchain-based decentralized exchanges. Many pools have persistent abnormal returns, both with respect to factor models and compared to options-implied liquidity premia. Pools with higher past returns continue to have significantly...

Persistent link: https://www.econbiz.de/10014236133

Water misallocation and environmental externalities in electricity generation

Billette de Villemeur, Étienne (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003788095

The externalities problem of transboundary and persistent pollution

Candel-Sánchez, Francisco - In: Journal of environmental economics and management : … 52 (2006) 1, pp. 517-526

Persistent link: https://www.econbiz.de/10003357337

Fair agreements for sharing international rivers with multiple springs and externalities

Brink, René van den; Laan, Gerard van der; Moes, Nigel - 2010

Persistent link: https://www.econbiz.de/10008670036

No externalities : a characterization of efficiency and incentive compatibility with public goods

Ostroy, Joseph M.; Segal, Uzi - 2010

externalities, i.e., each individual is unable to change the welfare of anyone else. The characterization is used to derive …, elimination of externalities with public goods implies that individuals cannot change the outcome. Hence, such mechanisms provide …

Persistent link: https://www.econbiz.de/10008857742