Bitcoin selection rule and foundational game theoretic representation of mining competition
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More about this item
Keywords
Blockchain; Proof-of-Work; Rent Seeking; Nash Equilibrium; Additive Aggregation; Best Response Dynamics;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
NEP fields
This paper has been announced in the following NEP Reports:- NEP-GTH-2021-11-08 (Game Theory)
- NEP-MAC-2021-11-08 (Macroeconomics)
- NEP-MIC-2021-11-08 (Microeconomics)
- NEP-ORE-2021-11-08 (Operations Research)
- NEP-PAY-2021-11-08 (Payment Systems and Financial Technology)
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