Antitrust Policy and Blockchain Technology: An Exploration from the Complex Systems Perspective

Abstract

In the past decade, blockchain technology has become ubiquitous in our society to distribute, encrypt, and secure digital transactions in a highly decentralized network. This technology has been used in several applications such as digital currencies, health care, energy markets, and a range of other governance issues. To contribute to the greater theoretical discussion, this paper explores the potential of using complexity science to design a good antitrust policy for blockchain. Particularly, this work provides an intellectual framework (i.e., complex adaptive systems perspective and path dependence) and methodological tools (i.e., agent-based modeling) to explore the dynamics of the antitrust regulatory environment.

Details

Author(s):
  • John McCaskill,
  • Euel Elliott
  • James Harrington
  • L. Dougas Kiel
Publish Date:
July 1, 2022
Publication Title:
Stanford Computational Antitrust
Publisher:
Stanford Computational Antitrust Project
Format:
Journal Article Volume II Page(s) 117-132
Citation(s):
  • John McCaskill,, Euel Elliott, James Harrington & L. Dougas Kiel, Antitrust Policy and Blockchain Technology: An Exploration from the Complex Systems Perspective, II Stanford Computational Antitrust 117 (2022).
Related Organization(s):

Other Publications By