Fee–Speed Relationship in Permissionless Blockchain Transactions: Evidence from the Bitcoin System

Noyan Ilk (), Guangzhi Shang and Shaokun Fan
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Noyan Ilk: Florida State University’s College of Business
Guangzhi Shang: Arizona State University’s W.P. Carey School of Business
Shaokun Fan: Oregon State University’s College of Business

Chapter Chapter 4 in The Blockchain Scholars Book, 2025, pp 17-21 from Springer

Abstract: Abstract This chapter is based on the article “Need for speed, but how much does it cost? Unpacking the fee-speed relationship in Bitcoin transactions” by Guangzhi Shang, Noyan Ilk, and Shaokun Fan, published in the Journal of Operations Management in 2023 ( https://doi.org/10.1002/joom.1202 ). Noyan, Chair and Synovus Associate Professor of Business Administration in the Department of Business Analytics, Information Systems, and Supply Chain at Florida State University’s College of Business, kindly agreed to summarize their joint research and serves as the corresponding author for this chapter.

Date: 2025
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DOI: 10.1007/978-981-95-2844-8_4

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