Network security and contagion

We develop a theoretical model of security investments in a network of interconnected agents. Network connections introduce the possibility of cascading failures due to an exogenous or endogenous attack depending on the profile of security investments by the agents. We provide a tractable decomposit...

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Bibliographic Details
Main Authors: Acemoglu, K. Daron, Malekian, Azarakhsh, Koksal, Asuman E.
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Published: Elsevier BV 2018
Online Access:http://hdl.handle.net/1721.1/119662
https://orcid.org/0000-0003-0908-7491
https://orcid.org/0000-0003-4033-9490
https://orcid.org/0000-0002-1827-1285