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Pay-To-Win: Incentive Attacks on Proof-of-Work Cryptocurrencies
Cryptocurrencies blockchain smart contracts
2019/7/4
The feasibility of bribing attacks on cryptocurrencies was first highlighted in 2016, with various new techniques and approaches having since been proposed. Recent reports of real world 51%51% attacks...
Updatable Anonymous Credentials and Applications to Incentive Systems
anonymity anonymous credentials incentive systems
2019/2/25
In this paper, we introduce updatable anonymous credential systems (UACS) and use them to construct a new privacy-preserving incentive system. In a UACS, a user holding a credential certifying some at...
P2P file sharing systems require proper incentive mechanisms to encourage active data sharing. However, traditional incentives based on reputation, credit or tit-for-tat are still challenged by free r...
DeepChain: Auditable and Privacy-Preserving Deep Learning with Blockchain-based Incentive
deep learning blockchain privacy-preserving training
2018/7/17
Deep learning technology has been evaluated to achieve the high-accuracy of state-of-the-art algorithms in a variety of AI tasks. Its popularity draws security researchers’ attention to the topic of p...
Tortoise and Hares Consensus: the Meshcash Framework for Incentive-Compatible, Scalable Cryptocurrencies
crypto-currency bitcoin consensus
2017/4/11
We propose Meshcash, a new framework for cryptocurrency protocols that combines a novel, proof-of-work based, permissionless byzantine consensus protocol (the tortoise) that guarantees eventual consen...
The Design of Teacher Incentive Pay and Educational Outcomes: Evidence from the New York City Bonus Program
Teacher Incentive Pay Educational Outcomes
2015/9/24
Teacher compensation schemes are often criticized for lacking a performance-based component.
Proponents argue that teacher incentive pay can raise student achievement and stimulate systemwide innova...
Disability Insurance and the Dynamics of the Incentive-Insurance Tradeo§
disability social security savings behavior
2015/7/23
We provide a lifecycle framework for comparing the insurance value and the incentive cost of disability beneÖts. We estimate the risks that individuals face and the
parameters governing the disa...
The Firm as an Incentive System.
Multitask Principal-Agent Analyses:Incentive Contracts,Asset Ownership and Job Design
Multitask Principal-Agent Analyses Incentive Contracts Asset Ownership Job Design
2015/7/21
Multitask Principal-Agent Analyses:Incentive Contracts,Asset Ownership and Job Design.
Auctionomics and Power Auctions have submitted this exhibit to the Incentive
Auction NPRM at the request of the Commission’s staff. Its purpose is to elicit more
focused comments and to present a ...
Incentive problems arise in many economic
relationships. Contracts that tie compensation to
performance can mitigate incentive problems, but
writing completely effective contracts is often
impract...
The Efficiency-Incentive Tradeoff in Double Auction Environments
Double Auction Environments Effi ciency-Incentive Tradeoff
2015/7/15
We consider the tradeoff between efficiency and incentives in large double auction
environments with weak budget balance. No mechanism simultaneously gives agents
perfect incentives to be...
The Incentive Bubble
Founder CEO compensation CEO turnover family firms corporate governance board of directors
2015/5/13
We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms ...
Rational Protocol Design: Cryptography Against Incentive-driven Adversaries
Cryptographic Protocols Game Theory Secure Computation Composition
2014/3/10
Existing work on “rational cryptographic protocols” treats each party (or coalition of parties) running the protocol as a selfish agent trying to maximize its utility. In this work we propose a fundam...
Metropolitan smart growth centers: An assessment of incentive policies in four regions
transportation smart growth metropolitan planning organizations
2013/11/21
Across the United States, metropolitan areas face challenges related to transportation and land use. An emerging policy in many regions is to promote development around higher-density, mixed-use (smar...