In this work, we provide the first comprehensive description of the Initial Coin Offering (ICO) phenomenon, which by the end of 2017 allowed startups around the world to raise more than $5.3 billion, according to market observers. We analyze the determinants of the success of these token...

A major concern of the adoption and scalability of Blockchain technologies refers to their efficient use for payments. In this work, we analyze how Lightning Network (LN), which represents a relevant infrastructural novelty, is influenced by the market dynamics of its referring cryptocurrency,...

A major concern of the adoption and scalability of Blockchain technologies refers to their efficient use for payments. In this work, we analyze how Lightning Network (LN), which represents a relevant infrastructural novelty, is influenced by the market dynamics of its referring cryptocurrency,...

An efficient frontier model is derived within a problem of passive management. An aggregate portfolio is rebalanced annually to restore the percent weights of its strategic asset allocation; its annual total returns are assumed to be independently and lognormally distributed. Expanding on...

Italian Abstract: I patti parasociali sono ampiamente diffusi in Italia, dove molte società quotate sono controllate da patti di blocco.Questo studio ha due obiettivi principali: 1) effettuare un'analisi empirica della varietà dei patti parasociali in società quotate italiane; 2) valutare...

This paper aims to take stock of the extant knowledge on an emerging practice in the entrepreneurial finance landscape: <I>crowdfunding</I>, which seems to play an increasing important role for the seed financing of entrepreneurial projects. We provide a systematization of what it is known on this...</i>