The relative importance of competition to contagion: evidence from the digital currency market
How does the valuation change of an industry leader influence its competitors? Does it induce a competitive effect or a contagion effect? What are the driving forces of such influences? We attempted to answer these questions within digital currency markets. We found that both close and distant compe...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |