Self-organized Markets in a Decentralized Economy

Self-organized Markets in a Decentralized Economy PDF Author: Nicolaas J. Vriend
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Self-organized Markets in a Decentralized Economy

Self-organized Markets in a Decentralized Economy PDF Author: Nicolaas J. Vriend
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Disintermediation Economics

Disintermediation Economics PDF Author: Eva Kaili
Publisher: Springer Nature
ISBN: 3030657817
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
This book provides a coherent Blockchain framework for the business community, governments, and universities structured around microeconomics, macroeconomics, finance, and political economy and identifies how business organizations, financial markets and governmental policies are changed by digitalization, specifically Blockchain. This framework, what they authors call “disintermediation economics,” affects everything by providing a paradigm that transforms the way we organize markets and value chains, financial services, central banking, budgetary policies, innovation ecosystems, government services, and civil society. Bringing together leading and experienced policy makers, corporate practitioners, and academics from top universities, this book offers a road map of best practices that can be immediately useful to firms, policy makers as well as academics by balancing theory with practice.

Decentralized Economic Social Organization

Decentralized Economic Social Organization PDF Author: Reed Camacho Kinney
Publisher: Xlibris Corporation
ISBN: 146912811X
Category : Business & Economics
Languages : en
Pages : 514

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Book Description
Representational government is not authentic democracy. The American Constitution cannot defend us from socioeconomic domination by centralized power. Independence means that people organize among themselves in order to meet all of their existential needs, which include more than preserving corporal survival. It means actualizing a better civil and civic organization, and adding to that a civic-economic organization (explained in my other writings) in order to afford every child the support needed to grow as individuated people. The genius my father contributed is the means of making consensus-based decision making processes a structured organization in conjunction with mutual banking, and its production-based economy, which as an organization must expand, or perish. That inbuilt expansive component is what distinguishes DESO from all other attempts to create a better lifestyle. By forcing decentralization to expand, as a structural component, consequent of consensus-based organization and its mutual banking, and its production-based economy, it will compete with mass centrist society for members, because living in real, sovereign community provides a better quality of life; a better culture. I am encouraged that there are people really interested in making this project move into its actualization, and that eventuality is nearing. My blog: http://decentralizationblog.wordpress.com

Blockchains and the Boundaries of Self-Organized Economies

Blockchains and the Boundaries of Self-Organized Economies PDF Author: Trent MacDonald
Publisher:
ISBN:
Category :
Languages : en
Pages : 16

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Book Description
This chapter uses economic theory to explore the implications of the blockchain technology on the future of banking. We apply an economic analysis of blockchains based on both new institutional economics and public choice economics. Our main focus is on the economics of why banks exist as organizations (rather than a world in which all financial transactions occurring in markets), and how banks are then impacted by technological change that affects transaction costs. Our core argument is that blockchains are more than just a new technology to be applied by banks, but rather compete with banks as organizations, enabling banking transactions to shift out of centralized hierarchical organizations and back into decentralized markets. Blockchains are a new institutional technology -- because of how they affect transaction costs in financial markets -- that will fundamentally re-order the governance of the production of banking services. We then explore this implication through broader political economy lens in which banking moves out of organizations and deeper into markets. We examine this as a form of institutional economic evolution in which the boundary of catallaxy -- i.e., a self-organized economy -- is enlarged, at the margin of the banking sector. Such institutional competition enables evolutionary discovery in the institutions of banking.

Artificial Economics and Self Organization

Artificial Economics and Self Organization PDF Author: Stephan Leitner
Publisher: Springer Science & Business Media
ISBN: 3319009125
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
This volume presents recent advances in the dynamic field of Artificial Economics and its various applications. Artificial Economics provides a structured approach to model and investigate economic and social systems. In particular, this approach is based on the use of agent-based simulations and further computational techniques. The main aim is to analyze the outcomes at the overall systems’ level as results from the agents’ behavior at the micro-level. These emergent characteristics of complex economic and social systems can neither be foreseen nor are they intended. The emergence rather makes these systems function. Artificial Economics especially facilitates the investigation of this emergent systems’ behavior. ​

Decentralization

Decentralization PDF Author: Craig Calcaterra
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110674033
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
Entrepreneurs as well as seasoned business leaders are struggling to innovate and stay ahead of change in the age of decentralization. What separates the companies that get disrupted from the ones that thrive when faced with decentralization? What tactics can be deployed to decentralize large monolithic organizations? Drawing on their experience as researchers and tech entrepreneurs, Professors Calcaterra and Kaal show how to Learn to embrace the change that comes with decentralization Evolve technology, communication, and culture as the business encounters decentralization Use best practices to maintain profitability in the emerging environments of decentralization across industries Combine responsibility with velocity to leverage the advantages of decentralization for the common good The book examines the core infrastructure elements that are needed before the first genuinely decentralized transaction can happen including a legal environment, underwriting, a truly decentralized blockchain that can overcome the blockchain trilemma (decentralization, scaling, security), and efficient governance of blockchains. Decentralization is essential reading for businesses seeking to win in an increasingly decentralized world where adaptation speed is the competitive advantage that matters most.

A Future for the American Economy

A Future for the American Economy PDF Author:
Publisher: Stanford University Press
ISBN: 0804770395
Category : Business & Economics
Languages : en
Pages : 440

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Book Description
The American economy is filled with so many contradictions today that it foils the best prophecies and most sophisticated forecasts by economists. This book is about those contradictions and the directions the economy could take in the future. In particular, it is about the central contradiction: government control and market freedom. How this contradiction is resolved is important not only for the United States but ultimately for countries around the world. The main thesis of this book is that social factors--rather than purely economic factors--are at the root of the contradiction between market freedom and government control. The author argues that the way markets are socially organized is critical to their capacity for operating independent of government controls. In essence, the social organization of the private economy is the key to the free market system. The economy can function more productively and humanely if efforts are made to reduce state controls and create a market system that is socially self-regulated. Important first steps in this direction are readily observable. The author evaluates two important trends in corporate self-management--worker participation and co-ownership--presenting evidence that these trends are both in the corporate self-interest and in the public interest. Self-regulation is beginning at the intercorporate level, where firms compete and collaborate profitably in trade associations. New cooperative associations of small firms are shown to out-compete conglomerates through value-adding partnerships that utilize information technology and require the establishment of cooperative norms. Self-regulation is advanced through social investment, the allocation of capital by combining ethical and economic criteria. Over $450 billion is now being invested with ethical guidelines, suggesting that a balance of social and economic factors will be a vital part of investment practice in the future. The author suggests that if the United States wants to retain a vital economy at home, it must carefully examine the advantages of the social organization of world finance and encourage the power of world markets to regulate themselves without destroying local and national economies.

Artificial Economics and Self Organization

Artificial Economics and Self Organization PDF Author: Stephan Leitner
Publisher: Springer
ISBN: 9783319009117
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
This volume presents recent advances in the dynamic field of Artificial Economics and its various applications. Artificial Economics provides a structured approach to model and investigate economic and social systems. In particular, this approach is based on the use of agent-based simulations and further computational techniques. The main aim is to analyze the outcomes at the overall systems’ level as results from the agents’ behavior at the micro-level. These emergent characteristics of complex economic and social systems can neither be foreseen nor are they intended. The emergence rather makes these systems function. Artificial Economics especially facilitates the investigation of this emergent systems’ behavior. ​

Self-Regulation of Market Economy

Self-Regulation of Market Economy PDF Author: Paata Leiashvily
Publisher:
ISBN: 9781634833523
Category : Business cycles
Languages : en
Pages : 147

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Book Description
Due to the dialectical analysis of fundamental economic categories, the market economy appears as a complex, nonlinear, functionally closed (but causally open) system of economic actions. Such systems have a number of unique properties that have been well studied in chaos theory, constructivism and second-order cybernetics. This allows for the study of economic processes to involve unique research and development of these fields in the format of interdisciplinary analysis. In this monograph, a mathematical model of general economic equilibrium (i.e. the model of the attractor) is proposed, for which a decentralized economy always strives towards by virtue of the immanent logic of the development of intrasystem processes (but never reaches it because of the permanent impact of natural and social environments).

The Evolution of Economic Diversity

The Evolution of Economic Diversity PDF Author: Antonio Nicita
Publisher: Routledge
ISBN: 113635669X
Category : Business & Economics
Languages : en
Pages : 455

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Book Description
The traditional role of evolutionary theory in the social sciences has been to explain the existence of an object in terms of the survival of the fittest. In economics this approach has acted as a justification for hypotheses such as profit maximisation, or the existence of institutions in terms of their overall efficiency. This volume challenges that view and argues that one of the first tasks of economic theory should be to explain the enormous diversity of institutional arrangements that has characterised human societies.