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Finance, technology and disruption

Accepted version
Peer-reviewed

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Type

Article

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Authors

An, J 

Abstract

In this paper, we assess how recent technology advances have changed the way we coordinate. After a brief discussion of the common challenges to effective coordination, we highlight some important implications of technology on addressing informational and behavioral frictions. We focus on discussing the effects of three specific technology developments including artificial intelligence (AI), automation, and blockchain, on the choice of coordination modes. We argue that technology is shifting the boundaries between firms and markets and is opening the door to new research directions.

Description

Keywords

Coordination, technology, boundaries of firm, AI, automation, blockchain

Journal Title

The European Journal of Finance

Conference Name

Journal ISSN

1351-847X
1466-4364

Volume Title

27

Publisher

Taylor & Francis

Rights

All rights reserved