Results 211 to 220 of about 2,028 (299)

Miners' Reward Elasticity and Stability of Competing Proof‐of‐Work Cryptocurrencies

open access: yesInternational Economic Review, EarlyView.
ABSTRACT Proof‐of‐Work cryptocurrencies employ miners to sustain the system through algorithmic reward adjustments. We develop a stochastic model of the multicurrency mining and identify conditions for stable transaction speeds. Bitcoin's algorithm requires hash supply elasticity <$<$1 for stability, while ASERT remains stable for any elasticity and ...
Kohei Kawaguchi   +2 more
wiley   +1 more source

Rational Expectations Fools' Bubbles

open access: yesInternational Economic Review, EarlyView.
ABSTRACT We develop a rational, Walrasian model of speculative bubbles inspired by the Kindleberger–Minsky view, which describes bubbles as wave‐like market processes. Touched off by an initial shock, price booms are initially self‐reinforcing but become self‐destructive later when prices surpass fundamental value.
Luis Araujo, Antonio Doblas‐Madrid
wiley   +1 more source

Developing Pre‐Service Teachers’ Digital Self‐Efficacy Through Self‐Directed Language Learning

open access: yesInternational Journal of Applied Linguistics, EarlyView.
ABSTRACT Contemporary online language learning typically involves the use of multiple digital platforms. Drawing on digital self‐efficacy and self‐directed learning theories, this study investigates the self‐directed language learning experience of 19 pre‐service teachers as they navigate the affordances of two platforms, Duolingo and ChatGPT.
Yingqiu Chen, Louisa Buckingham
wiley   +1 more source

Unaccredited medical training in Australia: From hidden problems to practical workforce solutions

open access: yesInternal Medicine Journal, EarlyView.
Abstract Unaccredited medical training in Australia represents a substantial yet poorly described component of the clinical workforce. This essay examines the scale, drivers and consequences of unaccredited roles for doctors, patients and health services.
Jerome Martin Laurence
wiley   +1 more source

Political Uncertainty and the Timing of Mass Layoffs. [PDF]

open access: yesProd Oper Manag
Aivazian V   +3 more
europepmc   +1 more source

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