Heaping praise on cryptocurrency network due to its transparency, portability, divisibility,
and resistance to inflation, the crypto market has gained huge support from investors and …

Purpose This study reviews existing cryptocurrency research to provide answers to three
puzzles in the literature. First, is cryptocurrency more like gold (ie, a commodity) or should it …

This study examines the viability of Bitcoin as legal tender with particular emphasis on the
experience of El Salvador. In particular, we examine the challenges, benefits, and costs, of …

This paper integrates theory and experiments to explore how policy rules related to
government interventions can affect economic allocations and the international status of a …

We investigate competition between two currencies as a result of decentralized interactions
between human subjects. We design a laboratory experiment based on a simple two …

A random search-based model is proposed to study the valuation of cryptocurrency. We
provide a unique approach to valuing cryptocurrency according to people's acceptance …

We evaluate the Friedman rule for optimal monetary policy in a laboratory economy based
on Lagos–Wright (Journal of Economic Theory 145 (2010), 1508–24). We explore two …

Experimental work in monetary economics is usually based on theory that incorporates an
infinite horizon. Yet, hard constraints on laboratory sessions lead to finite times when the …

Partial currency substitution typically occurs in small open economies amid economic crises.
Often, the foreign currency continues to circulate even after macroeconomic stability returns …

The innovation and regulatory coordination of digital currency is an important proposition in
the new era of Fintech. There is increasing competition between traditional currencies and …