| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22952 |
| 来源ID | Working Paper 22952 |
| Some Simple Economics of the Blockchain | |
| Christian Catalini; Joshua S. Gans | |
| 发表日期 | 2016-12-19 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We build on economic theory to discuss how blockchain technology can shape innovation and competition in digital platforms. We identify two key costs affected by the technology: the cost of verification and the cost of networking. The cost of verification relates to the ability to cheaply verify state, including information about past transactions and their attributes, and current ownership in a native digital asset. The cost of networking, instead, relates to the ability to bootstrap and operate a marketplace without assigning control to a centralized intermediary. This is achieved by combining the ability to cheaply verify state with economic incentives targeted at rewarding state transitions that are particularly valuable from a network perspective, such as the contribution of the resources needed to operate, scale, and secure a decentralized network. The resulting digital marketplaces allow participants to make joint investments in shared infrastructure and digital public utilities without assigning market power to a platform operator, and are characterized by increased competition, lower barriers to entry, and a lower privacy risk. Because of their decentralized nature, they also introduce new types of inefficiencies and governance challenges. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Development and Growth ; Development ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w22952 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580625 |
| 推荐引用方式 GB/T 7714 | Christian Catalini,Joshua S. Gans. Some Simple Economics of the Blockchain. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22952.pdf（391KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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