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AI and reinforcement learning (RL) have improved many areas, but are not yet widely adopted in economic policy design, mechanism design, or economics at large.At the same time, current economic methodology is limited by a lack of counterfactual data, simplistic behavioral models, and limited...
Persistent link: https://www.econbiz.de/10013215516
We develop a theory of blockchain governance using tools from formal political theory. The software underlying blockchain projects is frequently updated (forked) to implement new policies, and these forks are the subject of our inquiry. We investigate the ways in which the decentralized...
Persistent link: https://www.econbiz.de/10012841678