We use agent-based modelling to build a digital twin of the retail payment system, where heterogeneous consumers and merchants interact, learn, and adapt as they meet and use different monies and payment instruments. As we introduce an rCBDC, the model simulates its adoption. We calibrate this...

We provide empirical evidence supporting the economic reasoning behind the impossibility of diversifcation benefts and the hedge attributes of cryptocurrencies remaining in force during the downside trends observed in bearish fnancial markets. We employ a spillover connectedness model driven by...

Aim: In this paper, it is argued that in complex financial systems private goods, important for the creation of a market, have to be considered in a multiple of differing property rights structures necessary for the functioning of the system. This may lead to high transaction costs and adverse...

The adoption of financial technology (fintech) has the potential to make banking and financial services more accessible and convenient for all, but there are significant barriers preventing the adoption of fintech by street vendors and hawkers in India. This study aims to identify and analyse...

Purpose Our paper studies a central issue with a long history in economics: the relationship between population and economic growth. We analyze the joint dynamics of economic and demographic growth in 111 countries during the period 1960-2019. Design/methodology/approach Using the concept of...

In recent decades, a growing interest in the micro and meso economic foundations of competitiveness has emerged worldwide. Many authors have seek to explain this phenomenon using approaches that rely on endogenous and relational capabilities of firms. Relational capabilities are exercised in...

Developing research methodology contributes to better management research outputs, links better management theory to business practice, as well as enriches the academic training received by the students at universities. Researchers might be tempted to provide generalizations on management...

The vulnerability of countries related to climate change is driven by different conditions, with geographical location and lack of adequate infrastructure making South America especially vulnerable. Research highlights the importance of South American forests in mitigating climate change. The...

The prevalence of digital ecosystems and platforms underscores the need for a deeper understanding of the factors that influence performance variations within these platforms. This study introduced a multidimensional model to examine the platform ecosystem characteristics that affect performance...

Objective: The article aims to investigate how entrepreneurial behaviour among members of decentralized autonomous organizations (DAO) changes over time. Decentralized autonomous organizations allow for the creation of distributed organizations driven by organizational entrepreneurship, many of...