The law and economics of cybersecurity
By: edited by Mark F. Grady, Francesco Parisi.
Contributors: Grady, Mark F.; Parisi, Francesco, 1962-
Publisher: Cambridge University Press
Published: 2006
Place of publication: Cambridge; New York
Language: eng
Number of pages: 310
ISBN-13: 9780521855273
Subjects: Computer security -- Law and legislation; Computer security -- Law and legislation -- Economic aspects
Description: "Cybersecurity is a leading national problem for which the market may fail to produce a solution. The ultimate source is that computer owners lack adequate incentives to invest in security because they bear fully the costs of their security precautions but share the benefits with their network partners. In a world of positive transaction costs, individuals often select less than optimal security levels. The problem is compounded because the insecure networks extend far beyond the regulatory jurisdiction of any one nation or even coalition of nations. This book brings together the views of leading law and economics scholars on the nature of the cybersecurity problem and possible solutions to it. Many of these solutions are market based, but they need some help, either from government or industry groups, or both, indeed, the cybersecurity problem prefigures a host of 21st-century problems created by information technology and the globalization of markets."--BOOK JACKET
Notes: Includes bibliographical references and index.
Table of contents: title: Private versus social incentives in cybersecurity : law and economics / Bruce K. Kobayashi; title: A model for when disclosure helps security : what is different about computer and network security? / Peter P. Swire; title: Peer production of survivable critical infrastructures / Yochai Benkler; title: Cyber security : of heterogeneity and autarky / Randal C. Picker; title: Network responses to network threats : the evolution into private cybersecurity associations / Amitai Aviram; title: The dark side of private ordering : the network/community harm of crime / Neal K. Katyal; title: Holding internet service providers accountable / Doug Lichtman and Eric P. Posner; title: Global cyberterrorism, jurisdiction, and international Organization / Joel T. Trachtman.