interest in the coordination aspect of the contract scholarship. The aim of this conceptual paper is to model blockchain as a … coordination for online transactions. The model is intended to inform debates on the prospects for the blockchain technology and …Blockchain technology is firmly established in the public awareness as a revolutionary new technology underpinning …

interest in the coordination aspect of the contract scholarship. The aim of this conceptual paper is to model blockchain as a … coordination for online transactions. The model is intended to inform debates on the prospects for the blockchain technology and …Blockchain technology is firmly established in the public awareness as a revolutionary new technology underpinning …

perfect equilibrium, without forking, in line with Nakamoto (2008). The blockchain protocol, however, is a coordination game … new, cost effective way to record transactions, but are they? We model the proof-of-work blockchain protocol as a …

Blockchain technology breathes new life into the classical analysis of money as a substitute for a ledger of all past …

The choice by a blockchain community of whether to implement a proposed policy upgrade constitutes a coordination game … possible and may be desirable for a subset of the blockchain community. We first develop a simple model of strategic chain … of the blockchain community under select circumstances. We then investigate the performance of two common voting schemes …

Blockchain front-running involves multiple agents, other than the legitimate agent, claiming a payment from performing … a contract. It arises because of the public nature of blockchain transactions and potential network congestion. This … eliminates blockchain front-running. In each case, the mechanism relies on threats to remove ownership from all claimants and …

This paper provides a formal analysis on the investment coordination problem in a vertically separated electricity … decisions of network and power plants need to be coordinated. In unbundled markets, firm-internal coordination no longer applies …. We develop a formal approach to examine whether sim- ple information exchange ("cheap talk") could restore coordination …

the one hand, and the cost resulting from an increased incidence of across-team coordination on the other. Furthermore, by … endogenizing the across-team coordination costs, our analysis shows that lower cost of within-team coordination induces coarser … partitions and higher costs of across-team coordination, i.e. lower level of information and communication technology (ICT …