Utility Tokens, Network Effects, and Pricing Power
Published Online:26 Sep 2023https://doi.org/10.1287/mnsc.2023.4917
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The replication files for this article are available HERE.
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Volume 69, Issue 11
November 2023
Pages 6417-7150, iii-iv
Article Information
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- Received:May 24, 2021
- Accepted:March 09, 2023
- Published Online:September 26, 2023
Copyright © 2023, INFORMS
Cite as
Kirill Shakhnov, Luana Zaccaria (2023) Utility Tokens, Network Effects, and Pricing Power. Management Science 69(11):6625-6640.
https://doi.org/10.1287/mnsc.2023.4917
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The authors are grateful to Sabrina Howell, Mina Lee, Maarten van Oordt, Alexander Gershkov, Mario Pascoa, and Evgeny Lyandres for useful comments and discussions. The authors benefited from comments by participants at the UWA Blockchain, Cryptocurrency and Fintech Conference (2020); the Paris Fintech and Cryptofinance Webinar series (2020); the Sixth P2P Financial Systems International Workshop; the Crypto and Blockchain Economics Research Conference (2021); and the Financial Management Association Annual Meeting (2021).
