{"title":"“企业本质”的回归:董事会的角色","authors":"P. Goorha","doi":"10.31585/jbba-1-1-(2)2018","DOIUrl":null,"url":null,"abstract":"In this note, I return to Coase (1937), on its 80th anniversary, to assess whether its logic and insight can be reconciled with the blockchain revolution. I argue that, indeed, it can, and propose the existence of a third method of organizing economic activity in a specialized exchange economy, in addition to the two that Coase considered. I call it the cryptographic stigmergy. If there be such merit in the argument here, let it be dedicated to the memory of Ronald Coase.","PeriodicalId":33145,"journal":{"name":"The Journal of The British Blockchain Association","volume":"129 1","pages":""},"PeriodicalIF":1.4000,"publicationDate":"2018-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":"{\"title\":\"The Return of ‘The Nature of the Firm’: The Role of the Blockchain\",\"authors\":\"P. Goorha\",\"doi\":\"10.31585/jbba-1-1-(2)2018\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In this note, I return to Coase (1937), on its 80th anniversary, to assess whether its logic and insight can be reconciled with the blockchain revolution. I argue that, indeed, it can, and propose the existence of a third method of organizing economic activity in a specialized exchange economy, in addition to the two that Coase considered. I call it the cryptographic stigmergy. If there be such merit in the argument here, let it be dedicated to the memory of Ronald Coase.\",\"PeriodicalId\":33145,\"journal\":{\"name\":\"The Journal of The British Blockchain Association\",\"volume\":\"129 1\",\"pages\":\"\"},\"PeriodicalIF\":1.4000,\"publicationDate\":\"2018-07-04\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"5\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"The Journal of The British Blockchain Association\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.31585/jbba-1-1-(2)2018\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Journal of The British Blockchain Association","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.31585/jbba-1-1-(2)2018","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
The Return of ‘The Nature of the Firm’: The Role of the Blockchain
In this note, I return to Coase (1937), on its 80th anniversary, to assess whether its logic and insight can be reconciled with the blockchain revolution. I argue that, indeed, it can, and propose the existence of a third method of organizing economic activity in a specialized exchange economy, in addition to the two that Coase considered. I call it the cryptographic stigmergy. If there be such merit in the argument here, let it be dedicated to the memory of Ronald Coase.
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