Economic Simulation of Cryptocurrencies

Capco (April 2018), pages 89-100

19 Pages Posted: 11 Dec 2020

See all articles by Z/Yen Group

Z/Yen Group

Z/Yen Group

Michael Mainelli

Gresham College; Z/Yen Group

Matthew Leitch

Z/Yen Group Limited

Dionsyios Demetis

Hull University Business School

Date Written: April 1, 2018

Abstract

Cryptocurrencies have the potential to become effective currencies that give a higher level of macroeconomic control, thanks to the information that is available about holdings and transactions, and the potential for automated control mechanisms. However, these cryptocurrencies need to be designed properly and tested before launch. This paper reports the early results of an economic model that simulates a variety of behaviors by economic agents and some simple control mechanisms. An economic simulation model is likely to be a valuable tool in developing effective cryptocurrency systems and interacting with regulators.

Keywords: Finance, Cryptocurrencies, Economic Simulation

JEL Classification: O00 - General, 030 - General

Suggested Citation

Group, Z/Yen and Mainelli, Michael and Mainelli, Michael and Leitch, Matthew and Demetis, Dionsyios, Economic Simulation of Cryptocurrencies (April 1, 2018). Capco (April 2018), pages 89-100, Available at SSRN: https://ssrn.com/abstract=3701849

Z/Yen Group (Contact Author)

Z/Yen Group ( email )

41 Lothbury
London
United Kingdom
02075629562 (Phone)

HOME PAGE: http://www.zyen.com

Michael Mainelli

Gresham College ( email )

Barnard's Inn Hall
Holborn
London, EC1N 2HH
United Kingdom

Z/Yen Group ( email )

41 Lothbury
London
United Kingdom

Matthew Leitch

Z/Yen Group Limited

41 Lothbury
London
United Kingdom

Dionsyios Demetis

Hull University Business School ( email )

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
18
Abstract Views
156
PlumX Metrics