@article{barreiro-gomez_blockchain_2019,
	title = {Blockchain {Token} {Economics}: {A} {Mean}-{Field}-{Type} {Game} {Perspective}},
	volume = {7},
	issn = {2169-3536},
	shorttitle = {Blockchain {Token} {Economics}},
	url = {https://ieeexplore.ieee.org/document/8717636/},
	doi = {10.1109/ACCESS.2019.2917517},
	abstract = {This paper studies blockchain cryptographic tokens by means of mean-field-type game theory. It introduces variance-aware utility function per decision-maker to capture the risk of cryptographic tokens associated with the uncertainties of technology adoption, network security, regulatory legislation and market volatility. We establish a relationship between the network characteristics, token price, number of token holders and token supply. Both in-chain and cross-chain diversification among tokens are examined by using a mean-variance approach. The results suggest that the number of tokens in circulation need to be adjusted in order to capture risk-awareness and self-regulatory behavior in blockchain token economics. Sharpe and Modigliani ratios for cryptographic tokens are revisited.},
	language = {en},
	urldate = {2021-06-21},
	journal = {IEEE Access},
	author = {Barreiro-Gomez, Julian and Tembine, Hamidou},
	year = {2019},
	pages = {64603--64613},
}

{"_id":"SNK4GoNCybXbHjumj","bibbaseid":"barreirogomez-tembine-blockchaintokeneconomicsameanfieldtypegameperspective-2019","author_short":["Barreiro-Gomez, J.","Tembine, H."],"bibdata":{"bibtype":"article","type":"article","title":"Blockchain Token Economics: A Mean-Field-Type Game Perspective","volume":"7","issn":"2169-3536","shorttitle":"Blockchain Token Economics","url":"https://ieeexplore.ieee.org/document/8717636/","doi":"10.1109/ACCESS.2019.2917517","abstract":"This paper studies blockchain cryptographic tokens by means of mean-field-type game theory. It introduces variance-aware utility function per decision-maker to capture the risk of cryptographic tokens associated with the uncertainties of technology adoption, network security, regulatory legislation and market volatility. We establish a relationship between the network characteristics, token price, number of token holders and token supply. Both in-chain and cross-chain diversification among tokens are examined by using a mean-variance approach. The results suggest that the number of tokens in circulation need to be adjusted in order to capture risk-awareness and self-regulatory behavior in blockchain token economics. Sharpe and Modigliani ratios for cryptographic tokens are revisited.","language":"en","urldate":"2021-06-21","journal":"IEEE Access","author":[{"propositions":[],"lastnames":["Barreiro-Gomez"],"firstnames":["Julian"],"suffixes":[]},{"propositions":[],"lastnames":["Tembine"],"firstnames":["Hamidou"],"suffixes":[]}],"year":"2019","pages":"64603–64613","bibtex":"@article{barreiro-gomez_blockchain_2019,\n\ttitle = {Blockchain {Token} {Economics}: {A} {Mean}-{Field}-{Type} {Game} {Perspective}},\n\tvolume = {7},\n\tissn = {2169-3536},\n\tshorttitle = {Blockchain {Token} {Economics}},\n\turl = {https://ieeexplore.ieee.org/document/8717636/},\n\tdoi = {10.1109/ACCESS.2019.2917517},\n\tabstract = {This paper studies blockchain cryptographic tokens by means of mean-field-type game theory. It introduces variance-aware utility function per decision-maker to capture the risk of cryptographic tokens associated with the uncertainties of technology adoption, network security, regulatory legislation and market volatility. We establish a relationship between the network characteristics, token price, number of token holders and token supply. Both in-chain and cross-chain diversification among tokens are examined by using a mean-variance approach. The results suggest that the number of tokens in circulation need to be adjusted in order to capture risk-awareness and self-regulatory behavior in blockchain token economics. Sharpe and Modigliani ratios for cryptographic tokens are revisited.},\n\tlanguage = {en},\n\turldate = {2021-06-21},\n\tjournal = {IEEE Access},\n\tauthor = {Barreiro-Gomez, Julian and Tembine, Hamidou},\n\tyear = {2019},\n\tpages = {64603--64613},\n}\n\n","author_short":["Barreiro-Gomez, J.","Tembine, H."],"key":"barreiro-gomez_blockchain_2019","id":"barreiro-gomez_blockchain_2019","bibbaseid":"barreirogomez-tembine-blockchaintokeneconomicsameanfieldtypegameperspective-2019","role":"author","urls":{"Paper":"https://ieeexplore.ieee.org/document/8717636/"},"metadata":{"authorlinks":{}},"html":""},"bibtype":"article","biburl":"https://bibbase.org/zotero/tombarbereau","dataSources":["4vyWhX2DzTXjE3FSu"],"keywords":[],"search_terms":["blockchain","token","economics","mean","field","type","game","perspective","barreiro-gomez","tembine"],"title":"Blockchain Token Economics: A Mean-Field-Type Game Perspective","year":2019}