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A Prospect Theory approach to Security

Vilhelm Verendel (Institutionen för data- och informationsteknik (Chalmers))
Göteborg : Chalmers University of Technology, 2008. - 24 s.

The correct control of security often depends on decisions under uncertainty. Using quantified information about risk, one may hope to achieve more precise control by making better decisions. We discuss and examine how Prospect Theory, the major descriptive theory of risky decisions, predicts such decisions will go wrong and if such problems may be corrected.

Denna post skapades 2008-10-17.
CPL Pubid: 75806