IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/20524_1.html
   My bibliography  Save this book chapter

Institutional cryptoeconomics

In: The Economics of Blockchain and Cryptocurrency

Author

Listed:
  • Sinclair Davidson
  • Jason Potts

Abstract

In this chapter we set out an economic framework that explains the impact blockchain technology will have on the economy. Blockchain is not just a new general purpose technology, it is a new institutional technology that will dramatically change economic behaviour because it changes the nature of transaction costs within the economy. Blockchain is best understood as an economic phenomenon with reference to the work of Ronald Coase and Oliver Williamson.

Suggested Citation

  • Sinclair Davidson & Jason Potts, 2022. "Institutional cryptoeconomics," Chapters, in: James L. Caton (ed.), The Economics of Blockchain and Cryptocurrency, chapter 1, pages 1-12, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:20524_1
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/edcoll/9781800882348/9781800882348.00008.xml
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mercik, Aleksander & Słoński, Tomasz & Karaś, Marta, 2024. "Understanding crypto-asset exposure: An investigation of its impact on performance and stock sensitivity among listed companies," International Review of Financial Analysis, Elsevier, vol. 92(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:20524_1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.