The Microeconomics of Cryptocurrenciest

【Author】 Halaburda, Hanna; Haeringer, Guillaume; Gans, Joshua; Gandal, Neil

【Source】JOURNAL OF ECONOMIC LITERATURE

【影响因子】12.905

【Abstract】Since its launch in 2009 much has been written about Bitcoin, cryptocurrencies, and blockchains. While the discussions initially took place mostly on blogs and other popular media, we now are witnessing the emergence of a growing body of rigorous academic research on these topics. By the nature of the phenomenon analyzed, this research spans many academic disciplines including macroeconomics, law and eco-nomics, and computer science. This survey focuses on the microeconomics of crypto-currencies themselves. What drives their supply, demand, trading price, and compe-tition amongst them? This literature has been emerging over the past decade and the purpose of this paper is to summarize its main findings so as to establish a base upon which future research can be conducted. (JEL D82, E42, G12)

【Keywords】

【发表时间】2022 SEP

【收录时间】2022-10-05

【文献类型】综述

【主题类别】

区块链治理-市场治理-数字货币