Corpus ID: 8891918

Modeling Internet Security Investments: The Case of Dealing with Information Uncertainty

@article{Pal2011ModelingIS,
  title={Modeling Internet Security Investments: The Case of Dealing with Information Uncertainty},
  author={Ranjan Pal and Pan Hui},
  journal={ArXiv},
  year={2011},
  volume={abs/1104.0594}
}
Modern distributed communication networks like the Internet and censorship-resistant networks (also a part of the Internet) are characterized by nodes (users) interconnected with one another via communication links. In this regard, the security of individual nodes depend not only on their own efforts, but also on the efforts and underlying connectivity structure of neighboring network nodes. By the term 'effort', we imply the amount of investments made by a user in security mechanisms like… Expand

References

SHOWING 1-10 OF 23 REFERENCES
Protecting Against Network Infections: A Game Theoretic Perspective
TLDR
It is shown that its quality, in terms of overall network security, largely depends on the underlying topology, and is observed that the price of anarchy may be prohibitively high, hence a scheme for steering users towards socially efficient behavior is proposed. Expand
Security and insurance management in networks with heterogeneous agents
TLDR
It is argued that users often underestimate the strong mutual dependence between their security strategies and the economic environment (e.g., threat model) in which these choices are made and evaluated, and is compounded by heterogeneity within the user population, further reducing incentives for cooperation and coordination. Expand
Competitive Cyber-Insurance and Internet Security
TLDR
Although cyber-insurance improves user welfare, in general, competitive cyber- Insurers fail to improve network security. Expand
Economic Incentives to Increase Security in the Internet: The Case for Insurance
TLDR
It is found that insurance is a powerful incentive mechanism which pushes agents to invest in self-protection in the Internet, and therefore, insurance increases the level of self- protection, andTherefore, insurance should be considered as an important component of risk management in theInternet. Expand
Secure or insure?: a game-theoretic analysis of information security games
TLDR
In the weakest-target game, an interesting result is that, for almost all parameter settings, more effort is exerted at Nash equilibrium than at the social optimum, which may be attributed to the "strategic uncertainty" of players seeking to self-protect at just slightly above the lowest protection level. Expand
Modeling Cyber-Insurance: Towards a Unifying Framework
TLDR
A survey of existing models reveals a discrepancy between informal arguments in favor of cyber-insurance as a tool to align incentives for better network security, and analytical results questioning the viability of a market for cyber-Insurance. Expand
Assortative mixing in networks.
  • M. Newman
  • Computer Science, Physics
  • Physical review letters
  • 2002
TLDR
This work proposes a model of an assortatively mixed network and finds that networks percolate more easily if they are assortative and that they are also more robust to vertex removal. Expand
Game Theory and Economic Modelling
Over the past two decades, academic economics has undergone a mild revolution in methodology. The language, concepts and techniques of noncooperative game theory have become central to theExpand
System Reliability and Free Riding
  • H. Varian
  • Business, Computer Science
  • Economics of Information Security
  • 2004
TLDR
In the context of system reliability, the authors can distinguish three prototype cases: purely voluntary provision of public goods, individuals may tend to shirk, and an inefficient level of the public good. Expand
Game theory.
  • M. Dufwenberg
  • Psychology, Medicine
  • Wiley interdisciplinary reviews. Cognitive science
  • 2011
TLDR
The nature of game-theoretic analysis, the history of game theory,Why game theory is useful for understanding human psychology, and why game theory has played a key role in the recent explosion of interest in the field of behavioral economics are discussed. Expand
...
1
2
3
...