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Cryptoeconomics

Author

Listed:
  • Brekke, Jaya Klara
  • Alsindi, Wassim Zuhair

Abstract

Cryptoeconomics describes an interdisciplinary, emergent and experimental field that draws on ideas and concepts from economics, game theory and related disciplines in the design of peer-to-peer cryptographic systems. Cryptoeconomic systems try to guarantee certain kinds of information security properties using incentives and/or penalties to regulate the distribution of efforts, goods and services in new digital economies. Cryptoeconomics is an embryonic field at present and can be taken to include several areas of focus: information security engineering, mechanism design, token engineering and market design. This portmanteau of cryptography and economics raises questions regarding the epistemic novelty of cryptoeconomics, as distinct from its constituent components.

Suggested Citation

  • Brekke, Jaya Klara & Alsindi, Wassim Zuhair, 2021. "Cryptoeconomics," Internet Policy Review: Journal on Internet Regulation, Alexander von Humboldt Institute for Internet and Society (HIIG), Berlin, vol. 10(2), pages 1-6.
    • Handle: RePEc:zbw:iprjir:235957
    DOI: 10.14763/2021.2.1553
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    References listed on IDEAS

    as
    1. Voshmgir, Shermin & Zargham, Michael, 2019. "Foundations of Cryptoeconomic Systems," Working Paper Series/Institute for Cryptoeconomics/Interdisciplinary Research 1, WU Vienna University of Economics and Business.
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