Essays about: "Excess inertia"

Found 1 essay containing the words Excess inertia.

  1. 1. Blockchains and Coordination Failure in Cross-Border Payment Systems: Overcoming the Penguin Effect

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : James Finucane; [2017]
    Keywords : Coordination failure; Game theory; Network effects; Excess inertia;

    Abstract : The blockchain has been described as a "foundational" technology that has the potential to fundamentally alter the banking system. Its core feature is the enablement of an electronic peer-to-peer money transfer system without the presence of intermediaries. READ MORE