Taxonomic Search: brady OR nunn
This project focuses on modern buildings as a natural expression of a cyber-physical system, with many features that are typical to such systems. This project focuses on modern buildings as a natural expression of a cyber-physical system, with many features that are typical to such systems. Modern buildings exhibit a tight integration of sensing, computation, and actuation within multiple physical domains.
A large amount of effort is expended every year on finding and patching security holes. The underlying rationale for this activity is that it increases welfare by decreasing the number of vulnerabilities available for discovery and exploitation by bad guys, thus reducing the total cost of instrusions. Given the amount of effort expended, we would expect to see noticeable results in terms of improved software quality.
This paper studies manufacturer incentives to invest in the improvement of reliability and security of a software system when (i) reliability and security failures are caused by the same errors in the development of the software components and (ii) naive users find it too costly to distinguish between these two classes of system failures.We trace the effects of these informational imperfections and discuss how the resulting supply and demand externalities affect manufacturer investments.