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Trending Papers in economics

The Operational Cost of Ethereum Airdrops
Michael Fröwis, Rainer Böhme
Published: Jul 2019
  • On Ethereum as it stands, token issuers are best advised to reflect about airdrops before deployment of the token system contract
  • The most cost-efficient solutions for the distributor impose a significant cost on the recipient, which might thwart the very intention of an airdrop as a marketing tool
Submitted by Patrick Joyce
Peer Production on the Crypto Commons: Toward a Commons Based Economy
From Paper: TEMPLATE
Published: Nov 2019
  • Governance of blockchain communities is an emerging phenomenon, and involves interplay between a variety of different ecosystem stakeholders (software developers, PoW miners, PoS voters, cryptocurrency exchanges and payment providers, node operators, casual users and die-hard hodlers). The rules of the protocol dictate the relative power and influence of these groups.
  • Cryptocurrency relies on Free Open Source Software (FOSS) principles and practices, and can only work on open source principles. The cryptocurrency movement should be understood as part of the FOSS movement, or its successor.
Submitted by Richard Red
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Knowledge produced by universities is not often in a form that can be readily digested and turned into new goods and services.
From Paper: The changing structure of American innovation: Some cautionary remarks for economic growth
Published: Jun 2019
  • Small firms and university technology transfer offices cannot fully substitute for corporate research, which had integrated multiple disciplines at the scale required to solve significant technical problems.
  • Knowledge produced by universities is not often in a form that can be readily commercialized.
Submitted by Brian Armstrong
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Aggression in the workplace makes social distance difficult
The spread of new coronavirus (COVID-19) infections continues to increase. The practice of social distance attracts attention as a measure to prevent the spread of infection, but it is difficult for some occupations. Therefore, in previous studies, the scale of factors that determine social distance has been developed. However, it was not clear how to select the items among them, and it seemed to be somewhat arbitrary. In response to this trend, this paper extracted eight scales by performing exploratory factor analysis based on certain rules while eliminating arbitrariness as much as possible. They were Adverse Conditions, Leadership, Information Processing, Response to Aggression, Mechanical Movement, Autonomy, Communication with the Outside, and Horizontal Teamwork. Of these, Adverse Conditions, Response to Aggression, and Horizontal Teamwork had a positive correlation with Physical Proximity, and Information Processing, Mechanical Movement, Autonomy, and Communication with the Outside had a negative correlation with Physical Proximity. Furthermore, as a result of multiple regression analysis, it was shown that Response to Aggression, not the mere teamwork assumed in previous studies, had the greatest influence on Physical Proximity.
Submitted by Joshua Lee
Why Are Complementary Currency Systems Difficult to Grasp within Conventional Economics?
Les monnaies complémentaires (MC) permettent de comptabiliser et de régler des échanges de biens et de services dans un espace local et circulent en complémentarité de la monnaie officielle. Malgré leur actualité et leur nombre, la grande majorité des économistes semblent accorder une attention marginale à ces monnaies complémentaires. Cet article propose quelques facteurs explicatifs. Fondamentalement, l'économie conventionnelle est basée sur une approche méthodologique et sur des conceptions théoriques et normatives de la monnaie - son essence, son statut, sa taille et sa gouvernance - qui l'empêchent de comprendre ces dispositifs monétaires. Tout d’abord, l'hétérogénéité des MC et leur émergence nouvelle confrontent l'économie à un problème méthodologique de mesure de leurs impacts. Ensuite, nous montrons que, en raison de leur pouvoir d'achat limité dans le temps et dans l'espace, l'économie ne peut justifier leur utilisation dans l'économie marchande. Enfin, nous verrons que les règles monétaires d'émission et de régulation des MC empêchent les principales approches monétaires contemporaines de les reconnaître et de les légitimer.
Submitted by Ida Rolf
How prohibition impacted innovation: U.S. counties that ban alcohol sales have 8-18% less patents per year
  • This paper examines how alcohol prohibition, a massive and involuntary disruption of informal social networks from U.S. history, impacted invention
Submitted by Patrick Joyce
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45% of PhD students in Australia will be forced to leave their positions within the next 6 months due to financial hardships associated with the COVID-19 pandemic
From Paper: The Quiet Crisis of PhDs and COVID-19: Reaching the financial tipping point.
  • 75% of students expect to endure financial hardship, while 45% report expecting to be pushed beyond their financial limits and exiting their research studies within 6-months
  • This study consists of a survey of 1, 020 doctoral students at a research-intensive Australian university regarding the financial impact of the COVID-19 pandemic
Submitted by Patrick Joyce
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An empirical analysis of racial differences in police use of force
Published: Jul 2016
  • When considering officer-involved shootings – the authors find no racial differences in either the raw data or when contextual factors are taken into account
  • Blacks and Hispanics are more than 50% more likely to experience some form of non-lethal force in interactions with police
Submitted by Patrick Joyce
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Socioeconomic disparities in subway use and COVID-19 outcomes in New York City
  • The authors interpret their results to suggest that the ability to stay home during the pandemic has been constrained by socioeconomic status and work circumstances
  • The demographics of people who used the subway more during the pandemic were: 1. those with a lower median income 2. Identify as non-white 3. essential workers 4. healthcare workers
Submitted by Patrick Joyce
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Lithium Battery Reusing and Recycling: A Circular Economy Insight
Driven by the rapid uptake of battery electric vehicles, Li-ion power batteries are increasingly reused in stationary energy storage systems, and eventually recycled to recover all the valued components. Offering an updated global perspective, this study provides a circular economy insight on lithium-ion battery reuse and recycling.
Submitted by Patrick Joyce
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