Jiasun Li

George Mason University - Department of Finance

Assistant Professor

Fairfax, VA 22030

United States

http://sites.google.com/view/jiasunli

SCHOLARLY PAPERS

23

DOWNLOADS
Rank 5,114

SSRN RANKINGS

Top 5,114

in Total Papers Downloads

15,474

SSRN CITATIONS
Rank 5,452

SSRN RANKINGS

Top 5,452

in Total Papers Citations

282

CROSSREF CITATIONS

60

Scholarly Papers (23)

1.

Digital Tokens and Platform Building *

2018 WFA, 2019 AFA
Number of pages: 41 Posted: 18 Dec 2017 Last Revised: 06 Jun 2024
Jiasun Li and William Mann
George Mason University - Department of Finance and Emory University - Department of Finance
Downloads 4,396 (4,452)
Citation 91

Abstract:

Loading...

blockchain, coordination, entrepreneurship, FinTech, ICO, platform, tokenomics

2.
Downloads 2,268 (12,994)
Citation 127

Decentralized Mining in Centralized Pools

George Mason University School of Business Research Paper No. 18-9
Number of pages: 54 Posted: 22 Mar 2018 Last Revised: 10 Dec 2019
Lin William Cong, Zhiguo He and Jiasun Li
Cornell University - Samuel Curtis Johnson Graduate School of Management, Stanford University - Knight Management Center and George Mason University - Department of Finance
Downloads 2,044 (14,974)
Citation 17

Abstract:

Loading...

Arms Race, Bitcoin, Blockchain, Energy Consumption, Industrial Organization, Mining Pools, PoW, Risk-Sharing

Decentralized Mining in Centralized Pools

NBER Working Paper No. w25592
Number of pages: 55 Posted: 26 Feb 2019 Last Revised: 05 Jun 2023
Lin William Cong, Zhiguo He and Jiasun Li
Cornell University - Samuel Curtis Johnson Graduate School of Management, Stanford University - Knight Management Center and George Mason University - Department of Finance
Downloads 224 (259,881)
Citation 107

Abstract:

Loading...

3.

Direct Evidence of Bitcoin Wash Trading

Number of pages: 84 Posted: 03 Jun 2019 Last Revised: 18 Jan 2024
Arash Aloosh and Jiasun Li
EMLV Business School Paris and George Mason University - Department of Finance
Downloads 1,809 (18,541)

Abstract:

Loading...

bitcoin; cryptocurrency; exchanges; forensics; market manipulation; regulation.

4.

All-Way Stops

George Mason University School of Business Research Paper Forthcoming
Number of pages: 24 Posted: 07 Sep 2022 Last Revised: 29 Jan 2023
Jiasun Li
George Mason University - Department of Finance
Downloads 1,532 (23,942)

Abstract:

Loading...

carbon emission, infrastructure spending, game theory, mechanism design, Nash equilibrium, police funding, traffic

5.

Profit Sharing: A Contracting Solution to Harness the Wisdom of the Crowd

2017 WFA, SFS Cavalcade, 2017 Emerging Trends in Entrepreneurial Finance Conference
Number of pages: 49 Posted: 02 Oct 2016 Last Revised: 08 Sep 2020
Jiasun Li
George Mason University - Department of Finance
Downloads 952 (47,635)
Citation 6

Abstract:

Loading...

contract theory, crowdfunding, financial innovation, FinTech, information economics, investment, security design, wisdom of the crowd

6.

Profit-Sharing, Wisdom of the Crowd, and Theory of the Firm

Number of pages: 56 Posted: 10 Nov 2015 Last Revised: 01 May 2016
Jiasun Li
George Mason University - Department of Finance
Downloads 744 (66,592)
Citation 2

Abstract:

Loading...

corporate governance, crowdfunding, incomplete financial market, financial intermediation, investment theory, rational expectation, security design, theory of the firm, wisdom of the crowd

An Economic Model of Consensus on Distributed Ledgers

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-137
Number of pages: 52 Posted: 24 Nov 2021
Hanna Halaburda, Zhiguo He and Jiasun Li
New York University (NYU) - Leonard N. Stern School of Business, Stanford University - Knight Management Center and George Mason University - Department of Finance
Downloads 324 (178,420)

Abstract:

Loading...

Ambiguity aversion, Blockchain, Byzantine fault tolerance, Distributed consensus

An Economic Model of Consensus on Distributed Ledgers

Number of pages: 45 Posted: 18 Nov 2021 Last Revised: 16 May 2023
Hanna Halaburda, Zhiguo He and Jiasun Li
New York University (NYU) - Leonard N. Stern School of Business, Stanford University - Knight Management Center and George Mason University - Department of Finance
Downloads 279 (208,845)

Abstract:

Loading...

Ambiguity aversion, Blockchain, Byzantine fault tolerance, Distributed consensus, Game theory, Higher-order beliefs

An Economic Model of Consensus on Distributed Ledgers

NBER Working Paper No. w29515
Number of pages: 52 Posted: 29 Nov 2021 Last Revised: 16 Apr 2023
Hanna Halaburda, Zhiguo He and Jiasun Li
New York University (NYU) - Leonard N. Stern School of Business, Stanford University - Knight Management Center and George Mason University - Department of Finance
Downloads 16 (1,058,664)
Citation 2

Abstract:

Loading...

8.

Toward a Factor Structure in Crypto Asset Returns

Number of pages: 19 Posted: 24 Oct 2018 Last Revised: 06 Dec 2018
Jiasun Li and Guanxi Yi
George Mason University - Department of Finance and Metis Themis Insights
Downloads 543 (99,264)
Citation 19

Abstract:

Loading...

Asset Pricing, Crypto Asset, Expected Return, Factors, ICO, Smart Beta

9.

Illiquid Bitcoin Options

Number of pages: 43 Posted: 18 Jul 2022 Last Revised: 25 Sep 2023
Yang Guo, Jiasun Li, Mei Luo and Yintian Wang
Tsinghua University, George Mason University - Department of Finance, Tsinghua University - School of Economics & Management and Tsinghua University
Downloads 480 (115,230)

Abstract:

Loading...

Bitcoin, Options, Liquidity

10.

On the Security of Optimistic Blockchain Mechanisms *

Number of pages: 43 Posted: 04 Jul 2023 Last Revised: 29 Jun 2024
Jiasun Li
George Mason University - Department of Finance
Downloads 307 (190,223)
Citation 1

Abstract:

Loading...

Blockchain, Byzantine fault tolerance, Cross-chain bridge, Data Availability, Distributed consensus, Game Theory, Layer-2, Proof-of-stake, Rollup, Scaling

11.

Inflation Expectation and Cryptocurrency Investment

IIM Bangalore Research Paper No. 695
Number of pages: 55 Posted: 24 Aug 2023 Last Revised: 03 Sep 2024
Cornell University - Samuel Curtis Johnson Graduate School of Management, Indian Institute of Management (IIMB), Bangalore, George Mason University - Department of Finance and Cornell University, Ithaca, New York
Downloads 305 (191,537)

Abstract:

Loading...

Inflation Hedge, Expectations, Household Survey, Cryptocurrency, FinTech

12.

Information Aggregation via Contracting

Journal of Finance, Forthcoming
Number of pages: 41 Posted: 30 Dec 2020 Last Revised: 25 Sep 2023
Jiasun Li
George Mason University - Department of Finance
Downloads 221 (264,230)
Citation 2

Abstract:

Loading...

contracting, information economics, investment, rational expectations

Director Networks, Mobility, and Governance: Evidence from Corporate Bankruptcies

Number of pages: 51 Posted: 17 Aug 2017 Last Revised: 26 May 2024
Shenje Hshieh, Nimesh Patel and Jiasun Li
City University of Hong Kong, University of Hawai'i at Manoa, Shidler College of Business and George Mason University - Department of Finance
Downloads 155 (362,651)

Abstract:

Loading...

Social networks, labor mobility, corporate governance, bankruptcy

Director Networks, Mobility, and Governance: Evidence from Corporate Bankruptcies

George Mason University School of Business Research Paper Forthcoming
Number of pages: 52 Posted: 11 Oct 2022
Shenje Hshieh, Jiasun Li and Nimesh Patel
City University of Hong Kong, George Mason University - Department of Finance and University of Hawai'i at Manoa, Shidler College of Business
Downloads 47 (772,408)

Abstract:

Loading...

Social networks, labor mobility, Corporate governance, bankruptcy

14.

(Data) Mining the Ethereum Open-Source Development Community

Donald G. Costello College of Business at George Mason University Research Paper
Number of pages: 42 Posted: 08 Dec 2023
Mariia Petryk and Jiasun Li
George Mason University - Department of Information Systems and Operations Management and George Mason University - Department of Finance
Downloads 193 (299,281)

Abstract:

Loading...

open source, governance, blockchain, decentralization

15.

Is Generative AI an Existential Threat to Human Creatives? Insights from Financial Economics *

Donald G. Costello College of Business at George Mason University Research Paper
Number of pages: 22 Posted: 20 Dec 2023
Jiasun Li
George Mason University - Department of Finance
Downloads 182 (315,405)

Abstract:

Loading...

Generative AI, Information Aggregation, Large Language Models, Market Efficiency, Passive vs Active Investment

16.

Arbitrary Message Passing Across Blockchains

George Mason University School of Business Research Paper
Number of pages: 32 Posted: 28 Apr 2023 Last Revised: 25 Sep 2023
Jiasun Li and Zhengxun Wu
George Mason University - Department of Finance and Independent
Downloads 158 (356,719)
Citation 1

Abstract:

Loading...

arbitrary message passing, blockchain, bridge, cross-chain communication, security

17.

Don't Trust, Verify: The Case of Slashing from an Ethereum Explorer

George Mason University School of Business Research Paper Forthcoming, Abridged version to appear in Proceedings of ACM Web Conference (WWW 2023)
Number of pages: 34 Posted: 09 Feb 2023 Last Revised: 17 Apr 2023
Zhiguo He, Jiasun Li and Zhengxun Wu
Stanford University - Knight Management Center, George Mason University - Department of Finance and Independent
Downloads 155 (362,524)

Abstract:

Loading...

Blockchain, Byzantine Fault Tolerance, Consensus, Ethereum, Explorer, Proof-Of-Stake

18.

Illiquid Bitcoin Options

Number of pages: 43 Posted: 22 Nov 2022
Yang Guo, Jiasun Li, Mei Luo and Yintian Wang
China Academy of Information and Communications Technology, George Mason University - Department of Finance, Tsinghua University - School of Economics & Management and Tsinghua University
Downloads 137 (402,310)

Abstract:

Loading...

Bitcoin; Derivatives; Options; Liquidity

19.

Cryptocurrency Listings on Cryptocurrency Exchanges

Donald G. Costello College of Business at George Mason University Research Paper
Number of pages: 47 Posted: 18 Feb 2024
Jiasun Li, Mei Luo, Muzhi Wang and Zhe Wei
George Mason University - Department of Finance, Tsinghua University - School of Economics & Management, Central University of Finance and Economics (CUFE) - School of Accountancy and Shenzhen University
Downloads 134 (407,089)

Abstract:

Loading...

cryptocurrency; exchanges; listing; regulation

20.

Illiquid bitcoin options

George Mason University School of Business Research Paper Forthcoming
Number of pages: 47 Posted: 29 Aug 2022
Yang Guo, Jiasun Li, Mei Luo and Yintian Wang
Tsinghua University, George Mason University - Department of Finance, Tsinghua University - School of Economics & Management and Tsinghua University
Downloads 77 (594,117)

Abstract:

Loading...

Illiquidity, Bitcoin, Option

21.

Bayesian Implementation with Contingent Schedules

George Mason University School of Business Research Paper Forthcoming
Number of pages: 34 Posted: 18 Nov 2022 Last Revised: 09 Feb 2023
Jiasun Li
George Mason University - Department of Finance
Downloads 36 (834,245)

Abstract:

Loading...

contract theory, mechanism design, solution concept

22.

Illiquid Bitcoin Options

Number of pages: 50 Posted: 30 Jun 2023
Yang Guo, Jiasun Li, Mei Luo and Yintian Wang
China Academy of Information and Communications Technology, George Mason University - Department of Finance, Tsinghua University - School of Economics & Management and Tsinghua University
Downloads 24 (940,662)

Abstract:

Loading...

Bitcoin, Derivatives, Options, liquidity

23.

Slow Price Adjustment to Public News in After-Hours Trading

Posted: 21 May 2019
Jiasun Li
George Mason University - Department of Finance

Abstract:

Loading...

after-hours trading, earnings announcement, price efficiency