9 citations · 9 across the 1 of their papers we have counts for
2 papers
math.OC2019★ 9 cited
A Mean Field Games Model for Cryptocurrency Mining
Zongxi Li, A. Max Reppen, Ronnie Sircar
We propose a mean field game model to study the question of how centralization of reward and computational power occur in Bitcoin-like cryptocurrencies. Miners compete against each…
math.OC2016
Timing Options for a Startup with Early Termination and Competition Risks
Tim Leung, Zongxi Li
This paper analyzes the timing options embedded in a startup firm, and the associated market entry and exit timing decisions under the exogenous risks of early termination and comp…