2 papers
econ.TH2023
Successive Incentives
Jens Gudmundsson, Jens Leth Hougaard, Juan D. Moreno-Ternero +1
We study the design of optimal incentives in sequential processes. To do so, we consider a basic and fundamental model in which an agent initiates a value-creating sequential proce…
cs.GT2021
On Reward Sharing in Blockchain Mining Pools
Burak Can, Jens Leth Hougaard, Mohsen Pourpouneh
This paper proposes a conceptual framework for the analysis of reward sharing schemes in mining pools, such as those associated with Bitcoin. The framework is centered around the r…