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A Game-Theoretic Approach for Pricing and Determining Quality Levels of Cybersecurity Products Under an Exogenous Information-Sharing Program

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Economics of Grids, Clouds, Systems, and Services (GECON 2022)

Part of the book series: Lecture Notes in Computer Science ((LNCS,volume 13430))

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Abstract

Price and quality level of products are two important decisions of any business. This paper provides equilibrium solutions for these decisions of two players for a cybersecurity ecosystem, including a solution provider and an information provider. We assume that end users join a cybersecurity ecosystem based on the prices and qualities of the solution provider’s and information provider’s products; so that, the increasing of the prices or/and decreasing the qualities will reduce the number of end-users of that ecosystem. Also, it is assumed that there is an exogenous information-sharing program under which the effect of quality of the information provider’s product on the cybersecurity level depends on the level of information-sharing. Under this information-sharing program, the equilibrium solutions of prices and qualities of these two players are given. Also, some results and insights are given with a numerical example.

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Acknowledgements

This work was supported by the Korean Ministry of Science and ICT through the National Research Foundation (NRF) of Korea Grant No. NRF-2021H1D3A2A01082266 (Brain Pool program) and by NRF grants 0536–20210093 and 21A20151113068 (BK21 Plus for Pioneers in Innovative Computing - Dept. of Computer Science and Engineering, SNU). The Institute of Engineering Research (IOER) and the Institute of Computer Technology (ICT) at Seoul National University provided research facilities for this study.

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Authors and Affiliations

  1. Department of Industrial and Systems Engineering, Isfahan University of Technology, 84156-83111, Isfahan, Iran

    Morteza Rasti-Barzoki

  2. Institute of Engineering Research, College of Engineering, Seoul National University, Seoul, 08826, South Korea

    Morteza Rasti-Barzoki & Jörn Altmann

  3. Technology Management Economics and Policy Program, College of Engineering, Seoul National University, Seoul, 08826, South Korea

    Morteza Rasti-Barzoki & Jörn Altmann

  4. Department of Computer Science and Engineering, College of Engineering, Seoul National University, Seoul, 08826, South Korea

    Bernhard Egger

Authors
  1. Morteza Rasti-Barzoki
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  2. Jörn Altmann
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  3. Bernhard Egger
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Corresponding author

Correspondence to Jörn Altmann .

Editor information

Editors and Affiliations

  1. University of Zaragoza, Zaragoza, Spain

    José Ángel Bañares

  2. Seoul National University, Seoul, Korea (Republic of)

    Jörn Altmann

  3. University of Haifa, Haifa, Israel

    Orna Agmon Ben-Yehuda

  4. University of Leeds, Leeds, UK

    Karim Djemame

  5. University of Ljubljana, Ljubljana, Slovenia

    Vlado Stankovski

  6. Inria Rennes - Bretagne Atlantique, Rennes, France

    Bruno Tuffin

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Rasti-Barzoki, M., Altmann, J., Egger, B. (2023). A Game-Theoretic Approach for Pricing and Determining Quality Levels of Cybersecurity Products Under an Exogenous Information-Sharing Program. In: Bañares, J.Á., Altmann, J., Agmon Ben-Yehuda, O., Djemame, K., Stankovski, V., Tuffin, B. (eds) Economics of Grids, Clouds, Systems, and Services. GECON 2022. Lecture Notes in Computer Science, vol 13430. Springer, Cham. https://doi.org/10.1007/978-3-031-29315-3_15

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  • DOI: https://doi.org/10.1007/978-3-031-29315-3_15

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-29314-6

  • Online ISBN: 978-3-031-29315-3

  • eBook Packages: Computer ScienceComputer Science (R0)

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