Bitcoin Pricing, Adoption, and Usage: Theory and Evidence

By Susan Athey, Ivo Parashkevov, Vishnu Sarukkai, Jing Xia. 2016

214 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/8a7c799b5734dfd961606ace218deab192e06ec5

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Citations in the corpus

Trading and arbitrage in cryptocurrency markets (2020, background): “Athey et al. (2016) and Pagnotta and Buraschi (2018) propose models of valuation of digital currencies. Cong, He, and Li (2018), Easley, O’Hara, and Basu (2017) and Huberman, Leshno and Moallemi (2017) study bitcoin mining fees and the incentives of miners in equilibrium. We view our paper as comple”
The Economic Limits of Bitcoin and the Blockchain (2018, unknown): “For empirical facts on Bitcoin usage, good starting points are Athey et al. (2016) and Böhme et al. (2015).”
Some simple bitcoin economics (2019, methodology): “Formally, we impose this per ξt,j = 1t is odd for j ∈ [0, 1) and ξt,j = 1t is even for j ∈ [1, 2].”
A Survey on Consensus Mechanisms and Mining Strategy Management in Blockchain Networks (2018, methodology): “It has been found in [52] and [56] that rational consensus nodes may not”
The Digital Privacy Paradox: Small Money, Small Costs, Small Talk (2017, unknown): “While users can protect their privacy by using different pseudonyms for each transaction, or by mixing their transactions with others, the public nature of the Bitcoin ledger makes it impossible to achieve full privacy from the public (Athey et al., 2016).”
Risks and Returns of Cryptocurrency (2018, background): “, Athey et al. 2016; Schilling and Uhlig 2019; Jermann 2018). There is also a growing literature on the empirical regularities of cryptocurrencies. Borri (2019) shows that individual cryptocurrencies are exposed to cryptomarket tail-risks.”
Some simple economics of the blockchain (2016, background): “…deliver to its users: patterns in a publicly available, distributed ledger can be used to de-anonymize transacting entities behind a pseudonym and gather useful information about the market (Athey, Parashkevov, Sarukkai, and Xia, 2016; Athey, Catalini and Tucker, 2016; Catalini and Tucker, 2016).”
Equilibrium Bitcoin Pricing (2018, unknown): “In Athey et al. (2016), the platform is used to transfer funds abroad. An important ingredient is the risk of a fatal flaw making the platform vulnerable to an attack. This is related to the risk of cryptocurrency crash in our model, but our analysis encompasses the case in which a crash is triggere”
Cryptocurrencies: Stylized facts on a new investible instrument (2019, methodology): “A natural question is what is the source of their value? A number of recent papers build models to value cryptocurrencies such as Bitcoin based on its use in transactions (see, for example, Athey et al. (2016), Schilling and Uhlig (2018), Sockin and Xiong (2018)) or to value tokens issued in ICOs ba”