CAJ | 학술논문

文章基于制度经济学视角，对比特币的制度竞争力和扩散成因进行探讨。以演化博弈论为工具，以比特币在人群中的扩散速度为研究对象，构建了合作博弈模型，分析交易收益、持币升值收益和心理效用等微观扩散动力对扩散速度的影响，预测比特币扩散趋势。并运用比特币统计网站“blockchain.info”的公开数据，对上述结果进行实证分析发现，交易收益、持币升值收益和心理效用均与比特币扩散速度成正相关关系，是比特币扩散的主要动力，能够较好解释比特币的扩散成因。
문장기우제도경제학시각，대비특폐적제도경쟁력화확산성인진행탐토。이연화박혁론위공구，이비특폐재인군중적확산속도위연구대상，구건료합작박혁모형，분석교역수익、지폐승치수익화심리효용등미관확산동력대확산속도적영향，예측비특폐확산추세。병운용비특폐통계망참“blockchain.info”적공개수거，대상술결과진행실증분석발현，교역수익、지폐승치수익화심리효용균여비특폐확산속도성정상관관계，시비특폐확산적주요동력，능구교호해석비특폐적확산성인。
From the perspective of institutional economics,this paper explores the causes of institutional competitive?ness and diffusion of Bitcoin. It, by applying the evolutionary game theory and taking diffusion rate of Bitcoin in the crowd as the research object,builds a cooperation game model to analyze the impact of trading income,revalu?ation gains of holding the coin and psychological utility as well as other micro diffusion power on diffusion rate, and predicts Bitcoin diffusion trend. The paper, based on the public data from Bitcoin Statistics Website “block?chain.info”, empirically studies the above results. The study shows that trading income, revaluation gains of hold?ing the coin and psychological utility have a positive correlation with diffusion rate of Bitcoin are the main power of its diffusion,which can better explain the causes of Bitcoin diffusion.