Examples of Findings in Economics of Security
Proof of work is a security technology designed to stop spam by altering the economics. An early paper in economics of information security argued that proof of work cannot work. In fact, the finding was that proof of work cannot work without price discrimination as illustrated by a later paper, Proof of Work can Work.
Another finding, one that is critical to an understanding of current American data practices, is that the opposite of privacy is not, in economic terms anonymity, but rather price discrimination. Privacy and price discrimination was authored by Andrew Odlyzko and illustrates that what may appear as information pathology in collection of data is in fact rational organizational behavior.
Hal Varian presented three models of security using the metaphor of the height of walls around a town to show security as a normal good, public good, or good with externalities. Free riding is the end result, in any case.
Read more about this topic: Economics Of Security
Famous quotes containing the words examples of, examples, findings, economics and/or security:
“Histories are more full of examples of the fidelity of dogs than of friends.”
—Alexander Pope (1688–1744)
“In the examples that I here bring in of what I have [read], heard, done or said, I have refrained from daring to alter even the smallest and most indifferent circumstances. My conscience falsifies not an iota; for my knowledge I cannot answer.”
—Michel de Montaigne (1533–1592)
“Our science has become terrible, our research dangerous, our findings deadly. We physicists have to make peace with reality. Reality is not as strong as we are. We will ruin reality.”
—Friedrich Dürrenmatt (1921–1990)
“Religion and art spring from the same root and are close kin. Economics and art are strangers.”
—Willa Cather (1876–1947)
“It seems to me that our three basic needs, for food and security and love, are so mixed and mingled and entwined that we cannot straightly think of one without the others. So it happens that when I write of hunger, I am really writing about love and the hunger for it, and warmth and the love of it and the hunger for it ... and then the warmth and richness and fine reality of hunger satisfied ... and it is all one.”
—M.F.K. Fisher (b. 1908)