Prof. Praveen Pathak to speak on ‘Cryptocurrency Price Determinants and Price Efficiency’ on 25th January
19 JANUARY, 2023: The Research and Publications Office and the Centre for Capital Markets and Risk Management at IIM Bangalore will host a special lecture by Prof. Praveen Pathak, University of Florida, on January 25, 2023, at 3:00 pm at Classroom N001 on campus.
Prof. Pathak will speak on ‘Cryptocurrency Price Determinants and Price Efficiency’.
The cryptocurrency market has experienced substantial growth in recent years. Though the prices remain volatile, the factors that impact the price dynamics of the new type of investment instrument have not been fully identified yet.
Prof. Pathak’s study recognizes the dual nature of cryptocurrencies, i.e., being a software program and a financial instrument, and examines the impact of software advancement on the price dynamics of cryptocurrencies. The open-source software (OSS) platform functionality enables social behaviors that the researchers use as signals. Using data from the largest OSS platform, they establish the connection between open-source activities and the price movement of cryptocurrency. In particular, as popularity measures, forks and watches increase the market price increases eventually. On the contrary, contribution measures, such as commits and pull requests, are negatively related to prices. Prof. Pathak and his fellow researchers connect their findings to the public perception of software quality. Their findings have direct implications for investors, OSS platforms, and policymakers.
Speaker Profile:
Praveen Pathak is the Robert B. Carter Professor in the Department of Information Systems and Operations Management. He received his Ph.D. from University of Michigan at Ann Arbor in 2000. He holds an MBA from Indian Institute of Management, Calcutta, and a B.Tech. (Honors) from Indian Institute of Technology. Prior to joining University of Florida, he worked as an Assistant Professor at Purdue University. His research interests are in the field of Information Retrieval, and Web Mining. He has also done research in the area of Business Process Outsourcing, and Healthcare IT. He has published in various journals including Management Science, Information Systems Research, Journal of Operations Management, Journal of Management Information Systems, Production and Operations Management, IEEE Transaction on Knowledge and Data Engineering, Decision Support Systems, Information Processing and Management, Journal of The American Society for Information Science And Technology, and IEEE Intelligent Systems.
Prof. Praveen Pathak to speak on ‘Cryptocurrency Price Determinants and Price Efficiency’ on 25th January
19 JANUARY, 2023: The Research and Publications Office and the Centre for Capital Markets and Risk Management at IIM Bangalore will host a special lecture by Prof. Praveen Pathak, University of Florida, on January 25, 2023, at 3:00 pm at Classroom N001 on campus.
Prof. Pathak will speak on ‘Cryptocurrency Price Determinants and Price Efficiency’.
The cryptocurrency market has experienced substantial growth in recent years. Though the prices remain volatile, the factors that impact the price dynamics of the new type of investment instrument have not been fully identified yet.
Prof. Pathak’s study recognizes the dual nature of cryptocurrencies, i.e., being a software program and a financial instrument, and examines the impact of software advancement on the price dynamics of cryptocurrencies. The open-source software (OSS) platform functionality enables social behaviors that the researchers use as signals. Using data from the largest OSS platform, they establish the connection between open-source activities and the price movement of cryptocurrency. In particular, as popularity measures, forks and watches increase the market price increases eventually. On the contrary, contribution measures, such as commits and pull requests, are negatively related to prices. Prof. Pathak and his fellow researchers connect their findings to the public perception of software quality. Their findings have direct implications for investors, OSS platforms, and policymakers.
Speaker Profile:
Praveen Pathak is the Robert B. Carter Professor in the Department of Information Systems and Operations Management. He received his Ph.D. from University of Michigan at Ann Arbor in 2000. He holds an MBA from Indian Institute of Management, Calcutta, and a B.Tech. (Honors) from Indian Institute of Technology. Prior to joining University of Florida, he worked as an Assistant Professor at Purdue University. His research interests are in the field of Information Retrieval, and Web Mining. He has also done research in the area of Business Process Outsourcing, and Healthcare IT. He has published in various journals including Management Science, Information Systems Research, Journal of Operations Management, Journal of Management Information Systems, Production and Operations Management, IEEE Transaction on Knowledge and Data Engineering, Decision Support Systems, Information Processing and Management, Journal of The American Society for Information Science And Technology, and IEEE Intelligent Systems.