Publications

"Blockchain Without Waste: Proof-of-Stake"

Review of Financial Studies, Forthcoming

"Evolution of Shares in a Proof-of-Stake Cryptocurrency"
with Ioanid Rosu

Management Science, Forthcoming

"CDS Returns"

with Patrick Augustin and Haohua Xu

Journal of Economic Dynamics and Control, Forthcoming

Working Papers

"Bitcoin's Fatal Flaw: The Limited Adoption Problem"
with Franz Hinzen and Kose John

"The Public Blockchain Ecosystem: An Empirical Analysis"
with Felix Irresberger and Kose John

"Economics of Permissioned Blockchain Adoption" 

with Garud Iyengar, Jay Sethuraman and Wenjun Wang

"Volatility and Welfare in a Crypto Economy"

"How Do Private Digital Currencies Affect Government Policy?"
with Max Raskin and David Yermack