Showing 11 - 20 of 156,077
social media and emerging trading applications on interactions among equity and cryptocurrency markets, and their potentially …
Persistent link: https://www.econbiz.de/10013404321
cryptocurrency market outcomes. We theoretically derive an equilibrium relationship between the cryptocurrency price, mining rewards … endogenous - we provide empirical evidence of cryptocurrency price and mining rewards indeed being intrinsically linked to … and mining costs, and blockchain security outcomes. Using daily crypto market data for 2014-2021 and employing the …
Persistent link: https://www.econbiz.de/10012661203
between mining pools, and second, the interdependency between the cryptocurrency price and its transactional benefits, which … is more interdependency between the cryptocurrency price and its services. Empirical evidence from Bitcoin supports our …This paper studies the asset pricing implications of mining pools' concentration. We incorporate two features specific …
Persistent link: https://www.econbiz.de/10013216686
This study extends the production--based asset pricing framework into cryptocurrency markets by examining … cryptocurrency miners' optimization. Under q--theory, cryptocurrency miners optimally adjust the supply of cryptocurrencies to … changes in electricity prices. The first–order condition of valuation function infers cryptocurrency returns from miners …
Persistent link: https://www.econbiz.de/10014255264
We study the behavioral dynamics of limit orders in simultaneous experimental call-auction markets with multiple multiperiod lived securities. As analytical decision variable we use excess bids; the number of submitted bids minus the number of offers. The feedback variable is (excess) return....
Persistent link: https://www.econbiz.de/10012233240
theory and experiment interact using the example of lending when borrowers are better informed than lenders about the quality … students’ cognitive and emotional engagement in the virtual world of the experiment facilitates comprehension and retention …
Persistent link: https://www.econbiz.de/10013309163
by Bitcoin to market-oriented application scenarios. To shed light on the technology's usage in markets with asymmetric …
Persistent link: https://www.econbiz.de/10011979156
The fundamental aim of this study is to examine the contagion effect of Bitcoin on the National Securities Exchange … during the period March 2017–May 2021. Irrespective of ups and downs happening in the cryptocurrency market, more investors … are investing their money in the cryptocurrency market. This paper will contribute to the existing literature by studying …
Persistent link: https://www.econbiz.de/10013406262
results suggest that cryptocurrency markets rely on regulated financial institutions to operate and that these markets are …
Persistent link: https://www.econbiz.de/10012205633
limited liability investors contribute to asset price bubbles by increasing liquidity provision and that caps fail to tame … bubbles. Overall, giving investors skin in the game fosters financial stability. …
Persistent link: https://www.econbiz.de/10010530580