Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Last searches

Results for *

Displaying results 1 to 8 of 8.

  1. The value of decentralization using the blockchain
    Author: Reuter, Marco
    Published: [2022]; 2023
    Publisher:  ZEW - Leibniz Centre for European Economic Research, Mannheim ; Universitätsbibliothek

    Although blockchain technology and cryptocurrencies have grown in popularity over the past years, there does not seem to be a consensus if they bring any value to economic interactions. In this paper, I argue that a fundamental value the blockchain... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    Max-Planck-Institut für Innovation und Wettbewerb / Max-Planck-Institut für Steuerrecht und Öffentliche Finanzen, Bibliothek
    Inter-library loan:
    No inter-library loan

     

    Although blockchain technology and cryptocurrencies have grown in popularity over the past years, there does not seem to be a consensus if they bring any value to economic interactions. In this paper, I argue that a fundamental value the blockchain provides is commitment. I develop a model of an entrepreneur, who can create a network for her users. She can decide to retain control of the network with centralized implementation through a regular company, or surrender control over the network with a decentralized implementation through the blockchain. Users that join the network are subject to a locked-in effect. I show that a decentralized implementation of the network is (i) preferred by the entrepreneur and (ii) a Pareto improvement, if and only if the size of the locked-in effect is sufficiently large.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Discussion paper / ZEW ; no. 22, 056 (11/2022)
    Other subjects: Blockchain; Smart Contracts; Decentralization; Cryptocurrency; Commitment; Networks; Graue Literatur
    Scope: 1 Online-Ressource (44 Seiten)
  2. Auswirkungen der Beziehung zwischen Pflegekraft und Auszubildenden auf Motivation und Mitarbeiterbindung
    Author: Spieker, Franziska
    Published: 2023
    Publisher:  MSH Medical School Hamburg, Hamburg

    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: German
    Media type: Dissertation
    Format: Online
    Other identifier:
    Subjects: Motivation; Krankenpflege; Commitment <Management>; Arbeitsmotivation; Pflegepersonal; Lernmotivation; Medizinische Ausbildung; Pflege; Motivation; Pflegepersonal
    Scope: Online-Ressource
    Notes:

    Bachelorarbeit, Hamburg, MSH Medical School Hamburg, 2023
  3. Commitment Haiku Zenga Photo
    Über Macht, Hingabe und Sexualität, Nein-Sagen und die Illusion der Freiheit
    Author: ch, fru.
    Published: 2023
    Publisher:  epubli, Berlin

    Export to reference management software   RIS file
      BibTeX file
  4. Debt dynamics with fixed issuance costs
    Author: Benzoni, Luca; Garlappi, Lorenzo; Goldstein, Robert S.; Ying, Chao
    Published: [2023]
    Publisher:  Federal Reserve Bank of Chicago, [Chicago, Illinois]

    We investigate equilibrium debt dynamics for a firm that cannot commit to a future debt policy and is subject to a fixed restructuring cost. We formally characterize equilibria when the firm is not required to repurchase outstanding debt prior to... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 244
    Inter-library loan:
    No inter-library loan

     

    We investigate equilibrium debt dynamics for a firm that cannot commit to a future debt policy and is subject to a fixed restructuring cost. We formally characterize equilibria when the firm is not required to repurchase outstanding debt prior to issuing additional debt. For realistic values of issuance costs and debt maturity, the no-commitment policy generates tax benefits that are similar to those obtained by a benchmark policy with commitment. For positive but arbitrarily small issuance costs, there are maturities for which shareholders extract essentially the entire claim to cash-flows.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/272816
    Series: [Working paper] / Federal Reserve Bank of Chicago ; WP 2023, 01 (December 7, 2022)
    Subjects: Capital structure; Debt dynamics; Commitment; Issuance costs; Debt maturity
    Scope: 1 Online-Ressource (circa 77 Seiten), Illustrationen
  5. At the right time
    eliminating mismatch between cash flow and credit flow in microcredit
    Author: Kono, Hasiki; Shonchoy, Abu; Takahasi, Kazushi
    Published: March, 2023
    Publisher:  Graduate School of Economics, Kyoto University, Kyoto City, Japan

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 814
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; no. 22, 013
    Subjects: Microcredit; Timing mismatch; Commitment; Option value; Precautionary borrowing
    Scope: 1 Online-Ressource (circa 92 Seiten), Illustrationen
  6. The shift to commitment politics and populism
    theory and evidence
    Author: Bellodi, Luca; Morelli, Massimo; Nicolò, Antonio; Roberti, Paolo
    Published: 31 July 2023
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (lizenzpflichtig)
    Verlag (lizenzpflichtig)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    LZ 161
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Mannheim
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18338
    Subjects: Populism; Commitment; Anti-Elite Rhetoric; Trust; Turnout; Agencies of Restraint
    Scope: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  7. The shift to commitment politics and populism
    theory and evidence
    Author: Bellodi, Luca; Morelli, Massimo; Nicolò, Antonio; Roberti, Paolo
    Published: [2023]
    Publisher:  [BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Università Bocconi], [Milano, Italy]

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 666
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper series / Bocconi ; n. 202 (July 2023)
    Subjects: Populism; Commitment; Anti-Elite Rhetoric; Trust; Turnout; Agencies of Restraint
    Scope: 1 Online-Ressource (circa 57 Seiten), Illustrationen
    Notes:

    Die Zählung der Reihe sollte lauten: n. 204 (July 2023)
  8. Indirect persuasion
    Author: Deb, Rahul; Pai, Mallesh; Said, Maher
    Published: 04 March 2023
    Publisher:  Centre for Economic Policy Research, London

    Access:
    Verlag (lizenzpflichtig)
    Verlag (lizenzpflichtig)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    LZ 161
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Mannheim
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP17955
    Subjects: Mechanism design; Persuasion; Communication; Commitment
    Scope: 1 Online-Ressource (circa 47 Seiten)