I was reading this 2014 McAfee report on the economic impact of cybercrime, and came across this interesting quote on how security is a tax on the Internet economy: Another way to look at the opportunity cost of cybercrime is to see it as a share of the Internet economy. Studies estimate that the Internet … Read More “Cybercrime as a Tax on the Internet Economy” »
Category: liarsandoutliers
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If you’ve read my book Liars and Outliers, you know I like the prisoner’s dilemma as a way to think about trust and security. There is an enormous amount of research — both theoretical and experimental — about the dilemma, which is why I found this new research so interesting. Here’s a decent summary: The … Read More “Prisoner's Dilemma Experiment Illustrates Four Basic Phenotypes” »
I spend a lot of time in my book Liars and Outliers on cooperating versus defecting. Cooperating is good for the group at the expense of the individual. Defecting is good for the individual at the expense of the group. Given that evolution concerns individuals, there has been a lot of controversy over how altruism … Read More “How Altruism Might Have Evolved” »