Decentralized Marketplaces with Privately Enforced Contracts: A Case Study of OpenBazaar
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- Edward Peter Stringham & J. R. Clark, 2020. "The crucial role of financial intermediaries for facilitating trade among strangers," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(3), pages 349-361, September.
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Keywords
online commerce; fraud; blockchain; self-enforcing contracts; private governance;All these keywords.
JEL classification:
- D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design
- E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
- F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
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