Hanna Halaburda, Bank of Canada

Some Economics of Digital Currency: The Case of Facebook Credits

April 9, 2014 | 11:45am - 1:00pm | Baker Library | Bloomberg Center 103 | Open to public

Organizer

Digital Initiative

All Seminars and
Conferences »

"Some Economics of Digital Currency: The Case of Facebook Credits​"

Hanna Halaburda with Joshua Gans

We look at recent developments in digital currency, focusing on platform-sponsored currencies, as Facebook Credits and Amazon Coin. In a model of platform management, we examine the optimal design of currencies for platform's objective. We find that most platform find it profitable to limit functionality of their currencies.​