Working Paper No. 04-54:
The Law and Economics of Cybersecurity: An Introduction
Mark Grady, Francesco Parisi
Date Posted: 2004
Abstract (below) | Full text (most recent) on SSRN
One of the most controversial theoretical issues of our time is the governance of cybersecurity. Computer security experts, national security experts, and policy analysts have all struggled to bring meaningful analysis to cybersecurity; however, the discipline of law & economics has yet to be fully applied to the issue. This introduction presents work by leading national scholars who examine this complex national security challenge from a law and economics perspective. The focus spans from a discussion of pure market solutions to public-private issue analysis, providing a valuable basis for policy considerations concerning the appropriate governmental role on the issue of cybersecurity.