Publication: If the bitcoin market grows, size matters
| dc.contributor.author | Blasco de las Heras, Natividad | |
| dc.contributor.author | Corredor Casado, María Pilar | |
| dc.contributor.department | Gestión de Empresas | es_ES |
| dc.contributor.department | Enpresen Kudeaketa | eu |
| dc.contributor.department | Institute for Advanced Research in Business and Economics - INARBE | en |
| dc.date.accessioned | 2024-06-28T08:35:46Z | |
| dc.date.available | 2024-06-28T08:35:46Z | |
| dc.date.issued | 2021 | |
| dc.date.updated | 2024-06-27T11:56:17Z | |
| dc.description.abstract | This paper studies the herding behaviour among different exchanges trading bitcoin. The analysis allows us to conclude that the size of the exchange is an influencing parameter. Since 2018, when the significant growth in the number of exchanges became a reality, smaller exchanges have shown strong herding behaviour, whereas large exchanges seem to respond to their own information and beliefs and lead the process of price definition. This result may originate some temporary profitable strategies in the process of evolution towards efficiency according to the Adaptive Markets Hypothesis. | en |
| dc.description.sponsorship | This work was supported by the Ministerio de Ciencia e Innovación [PID2019-104304GB-I00/AEI/10.13039/ 501100011033, RTI2018-093483-B-I00]; Government of Aragon [S11_20R: Cembe]. | |
| dc.format.mimetype | application/pdf | |
| dc.identifier.citation | Blasco, N., Corredor, P. (2021) If the bitcoin market grows, size matters. Applied Economics Letters, 29(11), 983-987. https://doi.org/10.1080/13504851.2021.1904101. | |
| dc.identifier.doi | 10.1080/13504851.2021.1904101 | |
| dc.identifier.issn | 1350-4851 | |
| dc.identifier.uri | https://academica-e.unavarra.es/handle/2454/50224 | |
| dc.language.iso | eng | |
| dc.publisher | Taylor & Francis | |
| dc.relation.ispartof | Applied Economics Letters, 29(11), 983-987. https://doi.org/10.1080/13504851.2021.1904101 | |
| dc.relation.projectID | info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PID2019-104304GB-I00/ES/ | en |
| dc.relation.projectID | info:eu-repo/grantAgreement/AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/RTI2018-093483-B-I00/ES/ | en |
| dc.relation.publisherversion | https://doi.org/10.1080/13504851.2021.1904101 | |
| dc.rights | © 2021 Informa UK Limited, trading as Taylor & Francis Group. | |
| dc.rights.accessRights | info:eu-repo/semantics/openAccess | |
| dc.subject | Bitcoin | en |
| dc.subject | Herding | en |
| dc.subject | Transmission of information | en |
| dc.subject | Exchanges | en |
| dc.title | If the bitcoin market grows, size matters | en |
| dc.type | info:eu-repo/semantics/article | |
| dc.type.version | info:eu-repo/semantics/acceptedVersion | |
| dspace.entity.type | Publication | |
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