Tong Wang
Tong Wang
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Economics Theory
Enforceability v.s. Flexibility: When Do Smart Contracts Outperform Traditional Contracts?
Our paper provides an explanation of the economic efficiency differences between smart contracts and traditional contracts from a …
Huang, Jingmin
,
Li, Sanxi
,
Tong Wang
,
Yan, Jianye
Change in Risk and Bargaining Game
This paper studies the comparative statics regarding changes in risk on Nash’s solution to bargaining games with stochastic …
Li, Sanxi
,
Sun, Hailin
,
Tong Wang
,
Yu, Jun
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Assortative Matching and Risk Sharing
This paper explores the sorting patterns in a two-sided matching market where agents facing different risks match to share them. When …
Li, Sanxi
,
Sun, Hailin
,
Tong Wang
,
Yu, Jun
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