Papers

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Information Cascades and Social Learning

Sushil Bikhchandani,omer tamuz,ivo welch, David Hirshleifer   Jul 11,2023

Working Paper No.00104-00

We review the theory of information cascades and social learning. Our goal is to describe in a relatively integrated and... Read More

Equilibrium Staking Levels in a Proof-of-Stake Blockchain

Kose John,Thomas Rivera, Fahad Saleh   May 24,2022

Working Paper No.00076-00

We study the equilibrium level of staking in a Proof-of-Stake blockchain when investors have different trading horizons. We find that,... Read More