Cybersecurity is a leading national problem for which the market may fail to produce a solution. The ultimate source of the problem 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 ...

The Law and Economics of Cybersecurity 2011, Cambridge University Press, Cambridge

ISBN-13: 9781107403109

Trade paperback

The Law and Economics of Cybersecurity 2005, Cambridge University Press, New York

ISBN-13: 9780521855273