10 citations · 13 across the 3 of their papers we have counts for
4 papers · 1 filter
Environmental-Social-Governance Preferences and Investments in Crypto-Assets
Pavel Ciaian, Andrej Cupak, Pirmin Fessler +1
Individuals invest in Environmental-Social-Governance (ESG)-assets not only because of (higher) expected returns but also driven by ethical and social considerations. Less is known…
The economic dependency of the Bitcoin security
Pavel Ciaian, d'Artis Kancs, Miroslava Rajcaniova
We study to what extent the Bitcoin blockchain security permanently depends on the underlying distribution of cryptocurrency market outcomes. We use daily blockchain and Bitcoin da…
Interdependencies between Mining Costs, Mining Rewards and Blockchain Security
Pavel Ciaian, d'Artis Kancs, Miroslava Rajcaniova
This paper studies to what extent the cost of operating a proof-of-work blockchain is intrinsically linked to the cost of preventing attacks, and to what extent the underlying digi…
Virtual Relationships: Short- and Long-run Evidence from BitCoin and Altcoin Markets
Pavel Ciaian, Miroslava Rajcaniova, d'Artis Kancs
This study empirically examines interdependencies between BitCoin and altcoin markets in the short- and long-run. We apply time-series analytical mechanisms to daily data of 17 vir…