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A Review of the Economics of Information Security Literature

38 Pages Posted: 19 Jun 2010 Last revised: 22 Oct 2013

Mike Hammock

Middle Tennessee State University - Department of Economics and Finance

Date Written: August 15, 2010

Abstract

In the last ten years economists have become interested in the role of online security in promoting online commerce. This paper reviews the literature, with a focus on the role of incentives in creating and solving security problems, as well as discussion of the scale of the problem, and implications for the future of the internet, including cloud computing.

Keywords: information security, malware, botnets, phishing, breach, internet security, personal information, externalities, lemons

JEL Classification: L86, D62, D82, K2

Suggested Citation

Hammock, Mike, A Review of the Economics of Information Security Literature (August 15, 2010). Available at SSRN: https://ssrn.com/abstract=1625853 or http://dx.doi.org/10.2139/ssrn.1625853

Mike Hammock (Contact Author)

Middle Tennessee State University - Department of Economics and Finance ( email )

Murfreesboro, TN 37132
United States

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