14.129 | Spring 2025 | Graduate

Blockchain and the Design of Financial Systems

Lecture 4: Smart Contracts as a Solution to a Coordination Problem

Description:

This lecture covers commodity space with locations, dates, and states; the policy objective as a pareto criterion with fragmented markets; implementation with privately issued securities as monies; uncoordinated issues and market crises; and solution with a multi-agent smart contract.

Resource Type:
Lecture Notes
pdf
4 MB
Lecture 4: Smart Contracts as a Solution to a Coordination Problem

Course Info

Spring 2025
Lecture Notes
Lecture Videos