Markets for rules: the promise and peril of blockchain distributed governance

Cowen, Nick (2020) Markets for rules: the promise and peril of blockchain distributed governance. Journal of Entrepreneurship and Public Policy . ISSN 2045-2101

Documents
Markets for rules: the promise and peril of blockchain distributed governance
Published PDF

Request a copy
Markets for rules: the promise and peril of blockchain distributed governance
Accepted Manuscript
[img]
[Download]
[img] PDF
10-1108_JEPP-03-2019-0013.pdf - Whole Document
Restricted to Repository staff only

174kB
[img] PDF
SSRN-id3223728 (1).pdf - Whole Document

332kB
Item Type:Article
Item Status:Live Archive

Abstract

Purpose
The purpose of this paper is to explore the possible contributions of blockchain technology to creating new governance structures that facilitate social cooperation.

Design/methodology/approach
Conceptual analysis with key ideas in new institutional economics and political theory is used in this paper.

Findings
Blockchain technology provides a new tool through which political entrepreneurs can credibly alienate some of their power within a system of rules that they have established.

Originality/value
This paper links discussion of blockchain entrepreneurship in commercial markets to research into private governance.

Keywords:liberalism, political entrepreneurship, blockchain, cryptocurrency, new institutional economics, private governance
Subjects:L Social studies > L150 Political Economics
L Social studies > L200 Politics
L Social studies > L430 Public Policy
L Social studies > L211 Liberalism
M Law > M990 Law not elsewhere classified
Divisions:College of Social Science > School of Social & Political Sciences
ID Code:36354
Deposited On:09 Oct 2019 17:31

Repository Staff Only: item control page