Alphatu

Global relational contracts could be a way to overcome the limitations of incomplete contracts.

This Essay explores the nature of DAOs and highlights several areas where states and regulators can adapt existing legal regimes to potentially accommodate DAOs. Part II provides an overview of DAOs and their perceived benefits and includes a taxonomy of DAOs to help understand the different variations currently emerging in the blockchain... See more

Centrally controlled network effects allow platforms to build unexpectedly dangerous incentive structures.

Our generation is blessed with a chance to observe how technology is shifting the economic paradigm toward something previously unavailable to our imagination. Blockchain technology, which initially just offered an alternative model of transactions processing, has evolved into a whole new economic framework with its unique set of principles and... See more

So, of course, now it makes sense to investigate the nature of these digital innovations, how they form part of the architecture of our daily lives, how they come to market, who controls them and their heteroskedastic affects on different groups. We need to ask whether the interplay of these technologies with society and market forces has led to... See more