Bug Auctions : Vulnerability Markets Reconsidered

@inproceedings{Ozment2004BugA,
  title={Bug Auctions : Vulnerability Markets Reconsidered},
  author={Andy Ozment and Andy. Ozment},
  year={2004}
}
Measuring software security is difficult and inexact; as a result, the market for secure software has been compared to a ‘market of lemons.’ Schechter has proposed a vulnerability market in which software producers offer a time-variable reward to free-market testers who identify vulnerabilities. This vulnerability market can be used to improve testing and to create a relative metric of product security. This paper argues that such a market can best be considered as an auction; auction theory is… CONTINUE READING
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A survey of auction theory

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A survey of auction theory. In Paul Klemperer, editor, Auctions: Theory and Practice, chapter 1A

Paul Klemperer
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Code that can’t be cracked

M. Corey Goldman
The Star, January • 2004

Quantitatively differentiating system security

Stuart Schechter
In Workshop on Economics and Information Security, • 2002

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