Select publications related to Center for Blockchains and Electronic Markets (BCM) will be listed here.
For complete lists of publications, see 'publications' in staff profiles.

Research articles

Blockchain-based decentralized reward sharing : the case of mining pools

Gudmundsson, Jens; Jens Leth Hougaard
ACM Transactions on Economics and Computation, Vol. 12, No. 1, 2024, art. 4 

Sharing sequentially triggered losses: Automated conflict resolution through smart contracts

Gudmundsson, Jens; Jens Leth Hougaard; Chiu Yu Ko
Management Science, Vol. 70, No. 3, 2024, p. 1773-1786 

Distance on matchings: An axiomatic approach

Can, Burak; Mohsen Pourpouneh; Ton Storcken
Theoretical Economics, Vol. 18, No. 2, 2023, p. 597-632 

FAST: Fair Auctions via Secret Transactions

David, Bernardo; Lorenzo Gentile; Mohsen Pourpouneh
Applied Cryptography and Network Security, Vol. 2022, p. 727–747. 

On Reward Sharing in Blockchain Mining Pools

Can, Burak; Jens Leth Hougaard; Mohsen Pourpouneh
Games and Economic Behavior, Vol. 136, 2022, p. 274-298 

Decentralized task coordination

Gudmundsson, Jens; Jens Leth Hougaard; Trine Tornøe Platz
European Journal of Operational Research, Vol. 304, No. 2, 2023, p. 851-864. 

Trouble comes in threes: Core stability in minimum cost connection networks

Hougaard, Jens Leth; Mich Tvede
European Journal of Operational Research, 
Vol. 297, No. 1, 2022, p. 319-324.

Optimal Management of Evolving Hierarchies

Hougaard, Jens Leth; Juan D. Moreno-Ternero; Lars Peter Østerdal 
Management Science, Vol. 68, No. 8, 2022, p. 6024–6038. 

Strategic Sample Selection

Di Tillio, Alfredo; Marco Ottaviani; Peter Norman Sørensen
Econometrica, Vol. 89, No. 2, 2021, p. 911-953. 

Complexity of finding Pareto-efficient allocations of highest welfare

Biró, Péter; Jens Gudmundsson
European Journal of Operational Research, Vol. 291, No. 2, 2021, p. 614-628. 

Informational herding, optimal experimentation, and contrarianism

Smith, Lones; Peter Norman Sørensen; Jianrong Tian
Review of Economic Studies, Vol. 88, No. 5, 2021, p. 2527-2554 

Research on Artificial Intelligence Enhancing Internet of Things Security:A Survey

Wu, Hui; Haiting Han; Xiao Wang; Shengli Sun
IEEE Access, Vol. 8, 2020, art. 153848 

Decentralized mechanisms for river sharing

Gudmundsson, Jens; Jens Leth Hougaard; Chiu Yu Ko
Journal of Environmental Economics and Management, Vol. 94, 2019, p. 67-81. 

Book Recommendations

Working papers

River pollution abatement: Fully decentralized solutions implemented through smart contracts

Gudmundsson, Jens; Jens Leth Hougaard
IFRO Working Paper; No. 2021/07, updated February 2023

Automated Market Makers for Cross-chain DeFi and Sharded Blockchains

Pourpouneh, Mohsen; Kurt Nielsen; Jesper Balman Gravgaard
arXiv preprint, arXiv:2309.14290,  September 2023

Farsighted Miners under Transaction Fee Mechanism EIP1559

Hougaard, Jens Leth; Mohsen Pourpouneh
IFRO Working Paper; No. 2022/04, August 2022, updated December 2022

The Homogenous Properties of Automated Market Makers

Jensen, Johannes Rude; Mohsen Pourpouneh; Kurt Nielsen; Omri Ross
arXiv e-prints, arXiv: 2105.02782, March 2021

Cost of transformation: a measure on matchings

Can, Burak; Mohsen Pourpouneh; Ton Storcken
IFRO Working Paper 2020/10, September 2020

Automated Market Makers

Pourpouneh, Mohsen; Kurt Nielsen; Omri Ross
IFRO Working Paper 2020/08, July 2020

Implementation of Optimal Connection Networks

Hougaard, Jens Leth; Mich Tvede
IFRO Working Paper; No. 2020/06, July 2020

Benchmarking with uncertain data: a simulation study comparing alternative methods

Hougaard, Jens Leth; Pieter Jan Kerstens; Kurt Nielsen
IFRO Working Paper; No. 2019/05, September 2019

Conference papers

Farsighted Miners under Transaction Fee Mechanism EIP1559

Jens Leth Hougaard & Mohsen Pourpouneh
May 2023

Concentrated Liquidity Analysis in Uniswap V3

Saleh Hashemseresht & Mohsen Pourpouneh
Nov. 2022