STO vs ICO: A Theory of Token Issues Under Moral Hazard and Demand Uncertainty
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- Anton Miglo, 2021. "STO vs. ICO: A Theory of Token Issues under Moral Hazard and Demand Uncertainty," JRFM, MDPI, vol. 14(6), pages 1-35, May.
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Cited by:
- Thewissen, James & Shrestha, Prabal & Torsin, Wouter & Pastwa, Anna M., 2022. "Unpacking the black box of ICO white papers: A topic modeling approach," Journal of Corporate Finance, Elsevier, vol. 75(C).
- Bongini, Paola & Osborne, Francesco & Pedrazzoli, Alessia & Rossolini, Monica, 2022. "A topic modelling analysis of white papers in security token offerings: Which topic matters for funding?," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
- Anton Miglo, 2022.
"Choice between IEO and ICO: Speed vs. Liquidity vs. Risk,"
FinTech, MDPI, vol. 1(3), pages 1-18, September.
- Miglo, Anton, 2020. "Choice Between IEO and ICO: Speed vs. Liquidity vs. Risk," MPRA Paper 99600, University Library of Munich, Germany.
- Pastwa, Anna M. & Shrestha, Prabal & Thewissen, James & Torsin, Wouter, 2021.
"Unpacking the black box of ICO white papers: a topic modeling approach,"
LIDAM Discussion Papers LFIN
2021018, Université catholique de Louvain, Louvain Finance (LFIN).
- Pastwa, Anna M. & Shrestha, Prabal & Thewissen, James & Torsin, Wouter, 2022. "Unpacking the black box of ICO white papers: a topic modeling approach," LIDAM Reprints LFIN 2022005, Université catholique de Louvain, Louvain Finance (LFIN).
- Miglo, Anton, 2022. "Theories of financing for entrepreneurial firms: a review," MPRA Paper 115835, University Library of Munich, Germany.
- Anton Miglo, 2022.
"Theories of Crowdfunding and Token Issues: A Review,"
JRFM, MDPI, vol. 15(5), pages 1-28, May.
- Miglo, Anton, 2022. "Theories of crowdfunding and token issues: a review," MPRA Paper 115760, University Library of Munich, Germany.
- Miglo, Anton, 2020. "ICO vs. Equity Financing Under Imperfect, Complex and Asymmetric Information," MPRA Paper 99598, University Library of Munich, Germany.
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More about this item
Keywords
Entrepreneurial Finance; Blockchain; Initial Coin Offering; Security Token Offering; Moral Hazard; Demand Uncertainty; FinTech;All these keywords.
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENT-2020-03-02 (Entrepreneurship)
- NEP-PAY-2020-03-02 (Payment Systems and Financial Technology)
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