Selected Publications

with Franz Hinzen and Kose John

Journal of Financial Economics, Volume 144, 347-369, 2022

Bitcoin and Beyond

with Kose John and Maureen O'Hara

Annual Review of Financial Economics, Volume 14, 95-115, 2022

Economics of Permissioned Blockchain Adoption

with Garud Iyengar, Jay Sethuraman and Wenjun Wang

Management Science, Volume 69, 3415-3436, 2023

Smart Contracts and Decentralized Finance

with Kose John and Leonid Kogan

Annual Review of Financial Economics, Volume 15, 523-542, 2023

Time is Money: Strategic Timing Games in Proof-of-Stake Protocols

with Caspar Schwarz-Schilling, Thomas Thiery, Jennifer Pan, Nihar Shah and Barnabé Monnot
5th Conference on Advances in Financial Technologies, 30:1-30:17, 2023

Blockchain Adoption in a Supply Chain with Manufacturer Market Power

with Garud Iyengar, Jay Sethuraman and Wenjun Wang

Management Science, Volume 70, 6158-6178, 2024

Proof-of-Work versus Proof-of-Stake: A Comparative Economic Analysis

with Kose John and Thomas Rivera

Review of Financial Studies, Accepted

Selected Working Papers

The Need for Fees at a DEX: How Increases in Fees Can Increase DEX Trading Volume

with Joel Hasbrouck and Thomas Rivera

Management Science, Revise and Resubmit

An Economic Model of a Decentralized Exchange with Concentrated Liquidity

with Joel Hasbrouck and Thomas Rivera

Management Science, Revise and Resubmit

The Evolution of Decentralized Exchange: Risks, Benefits, and Oversight

with Campbell Harvey and Joel Hasbrouck

Economics of Ethereum

with Kose John, Barnabé Monnot, Peter Mueller and Caspar Schwarz-Schilling