Cybersecurity: Integrating Information into the Microeconomics of the Consumer and the Firm
| dc.contributor.author | Farrow, Scott | |
| dc.date.accessioned | 2021-08-09T18:45:22Z | |
| dc.date.available | 2021-08-09T18:45:22Z | |
| dc.date.issued | 2016-08-30 | |
| dc.description.abstract | The connectivity of information has changed many things but not the way economists model consumers, firms and government. Information is here newly modeled as a fundamental element of microeconomic choices and utility, cost and tax functions. The results are more clearly defined metrics for losses due to cyber breaches or productivity gains from cyber investments. The integration of information into standard microeconomics also allows use of econometric and other tools to analyze the empirics of the consumer and the firm. In particular, the results identify ways in which losses in the Gordon and Loeb [1] model can be specified in more detail. | en_US |
| dc.description.sponsorship | Appreciation is extended to Anupam Joshi, Matt Shabat and Jules Szanton for comments and discussion. Funding was provided by the Department of Homeland Security National Center on the Risk and Economic Analysis of Terrorism Events (CREATE). | en_US |
| dc.description.uri | https://www.scirp.org/journal/paperinformation.aspx?paperid=70184 | en_US |
| dc.format.extent | 10 pages | en_US |
| dc.genre | journal articles | en_US |
| dc.identifier | doi:10.13016/m2bxun-xwar | |
| dc.identifier.citation | Farrow, Scott; Cybersecurity: Integrating Information into the Microeconomics of the Consumer and the Firm; Journal of Information Security, Vol.7, No.5, pp 281-290, 30 August, 2016; http://dx.doi.org/10.4236/jis.2016.75023 | en_US |
| dc.identifier.uri | http://dx.doi.org/10.4236/jis.2016.75023 | |
| dc.identifier.uri | http://hdl.handle.net/11603/22348 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Scientific Research Publishing | en_US |
| dc.relation.isAvailableAt | The University of Maryland, Baltimore County (UMBC) | |
| dc.relation.ispartof | UMBC Economics Department Collection | |
| dc.relation.ispartof | UMBC Faculty Collection | |
| dc.rights | This item is likely protected under Title 17 of the U.S. Copyright Law. Unless on a Creative Commons license, for uses protected by Copyright Law, contact the copyright holder or the author. | en_US |
| dc.rights | Attribution 4.0 International (CC BY 4.0) | * |
| dc.rights.uri | https://creativecommons.org/licenses/by/4.0/ | * |
| dc.title | Cybersecurity: Integrating Information into the Microeconomics of the Consumer and the Firm | en_US |
| dc.type | Text | en_US |
| dcterms.creator | https://orcid.org/0000-0001-7106-8924 | en_US |