Document type
Bachelor thesisPublication date
Publication license
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/211022
Public exludable goods and how to finance them: a literature review
Journal Title
Authors
Director/Tutor
Additional contribution
Journal ISSN
Volume Title
Abstract
[en] Since the transition of Ethereum from a Proof-of-Work to a Proof-of-Stake consensus protocol back in September 2022, the Proposer Buider Separation schema, or PBS, arose as the methodology for block producing. This protocol runs at a deficit for the relays, the trusted third party between the proposers and builders, fact that
motivated our intrest in studying the properties of the protocol. In this work we review the theoretical background needed to takle this analysis from a mechanism design perspective, we heavily relayand sumarise the the work
of Roughgarden et al., providing the tools we need for it. Our main goal is to expose the basic notions of mechanism design theory and build a model capable of explaining the financing of public excludable goods, trying
to provide a self sufficient and coherent thesis, even if disregarding problem that motivated this line of research.
To achieve our goal we start by introducing several basic concepts of different aspects of applied mathematics and economics, opening the way to the development of those ideas into more sophisticated concepts.
This theoretical approach peaks with the exposition of a selection of mechanisms and models and a review of their properties.
Description
Treballs Finals de Grau de Matemàtiques, Facultat de Matemàtiques, Universitat de Barcelona, Any: 2024, Director: Bruno Mazorra i Mikel Álvarez-Mozos
Related resource
Subject (English)
Citation
Collections
Citation
ELIZONDO ALZOLA, Lander. Public exludable goods and how to finance them: a literature review. [consulted: 12 of October of 2026]. Available at: https://hdl.handle.net/2445/211022