Explore the intersection of blockchain technology and economics in this 51-minute conference talk by Stephanie Hurder from Prism Group. Delve into the application of economic design principles to blockchain systems, examining topics such as token curated registries, performance incentives in decentralized systems, and governance mechanisms. Learn about real-world examples of economic design, including spectrum auctions and medical residency matching, and their relevance to blockchain applications. Investigate the challenges and opportunities in designing market institutions, reputation systems, and data marketplaces within blockchain ecosystems. Gain insights into the economic elements of governance in decentralized systems, including referendums, participation, representation, and specialization. Discover how economic principles can be leveraged to address open questions and drive progress in the evolving field of blockchain technology.
Blockchain and Economics - Progress and Open Questions
Overview
Syllabus
Introduction
Agenda
About Prism Group
Why Prism Group
What is Economics
Bringing Economics Together
Economic Design in Blockchain
Token Curated Registry
Token Curated Registry Diagram
Blockchain Rebel
The borrowed suit
Freedom
Economic Design
Auction of Broadband Spectrum
Medical Residency Match
Recap
Application of Economic Design
Performance Incentives
Decentralized Systems
Designing Performance Incentives
Decentralized Storage
Money Pump
Market Institutions
eBay
Market Mechanisms
eBay Reputation
Data marketplaces
Governance
Incomplete Contracts
When do you need governance
Economic elements of governance
Referendumbased governance
Participation
Representation
Specialization
Economic Role
Taught by
Simons Institute
