Wir freuen uns sehr Prof. Dr. Ola Henfridsson, University of Miami, USA auf Einladung von Herrn Prof. Dr. Armin Heinzl im Rahmen des CDSB-Seminars begrüßen zu dürfen.
Herr Prof. Dr. Ola Henfridsson, University of Miami , USA, wird online einen Vortrag zum Thema „COOPERATION AMONG STRANGERS: ALGORITHMIC ENFORCEMENT OF RECIPROCAL EXCHANGE WITH BLOCKCHAIN-BASED SMART CONTRACTS (in collaboration with Robert Gregory, Roman Beck, and Niam Yaraghi)” halten.
Der Vortrag findet am Donnerstag, den 10.10., von 16:00 bis 17:00 Uhr über Zoom statt.
Untenstehend finden Sie die Zugangsdaten zum Portal2 in dem Sie den Zoom Raum über folgenden Link abrufen:
portal2.uni-mannheim.de/portal2/pages/startFlow.xhtml
Abstract
Enhancing cooperation among strangers is challenging. Strangers, who lack previous interactions and trust, cannot rely on human reciprocity as they engage in social and economic exchange. They have instead a tendency to defect for maximizing individual interests rather than to cooperate for benefitting each party in the exchange. Blockchain-based smart contracts comes with the promise of solving this dilemma of cooperation. In this paper, we trace this promise to a new mechanism of cooperation, programmed reciprocity, defined as coded instructions for automatically returning good for good (positive reciprocity) and ill for ill (negative reciprocity). Programmed reciprocity is rooted in the algorithmic enforcement capability of blockchain networks, defined as the ability to guarantee the execution of the rules of an exchange agreement without a central authority and the possibility of human interference by either of the involved parties. We propose that algorithmic enforcement capability positively affects the viability of cooperation among strangers on the blockchain through programmed reciprocity. This is contingent on the level of contract complexity and blockchain confidence. Our proposed framework extends the nascent literature on blockchain governance with a novel explanation of how programmed reciprocity can enhance cooperation among strangers. In doing this, it also addresses a significant yet unresolved problem in the literature on cooperation in social and economic exchanges.
Speaker Bio
Ola Henfridsson is the Schein Family Endowed Chair, Professor of Business Technology, and the Associate Dean of Online Business Programs at Miami Herbert Business School, University of Miami. His research interests relate to digital innovation, technology management, and platforms. Ola teaches executive and graduate courses related to blockchain, innovation, and product management. He inaugurated the Business of Blockchain Technology conference at University of Miami. He is a CISR Academic Research Fellow at MIT. He is an AIS Fellow. Ola used to serve as Professor and Head of the Information Systems and Management group at Warwick Business School, United Kingdom. His research has been published in world-elite journals such as Academy of Management Review, Information Systems Research, MIS Quarterly, and Organization Science. He won the MIS Quarterly Impact Award in 2023. He is a former Senior Editor of Information Systems Research (2015–2020) and the MIS Quarterly (2008–2011). Ola was the Chair of the AoM OCIS division for 2019–2020. He co-founded and recently served as president of the AIS special issue group on Digital Innovation, Transformation, and Entrepreneurship (AIS SIGDITE).