scholarly journals An economic analysis of ransomware and its welfare consequences

2020 ◽  
Vol 7 (3) ◽  
pp. 190023
Author(s):  
J. Hernandez-Castro ◽  
A. Cartwright ◽  
E. Cartwright
Keyword(s):  
Economic Analysis ◽  
Price Discrimination ◽  
Proof Of Concept ◽  
Welfare Costs ◽  
Pilot Survey ◽  
Uniform Pricing ◽  
The Future ◽  
Welfare Consequences ◽  
New Form

We present in this work an economic analysis of ransomware, a relatively new form of cyber-enabled extortion. We look at how the illegal gains of the criminals will depend on the strategies they use, examining uniform pricing and price discrimination. We also explore the welfare costs to society of such strategies. In addition, we present the results of a pilot survey which demonstrate proof of concept in evaluating the costs of ransomware attacks. We discuss at each stage whether the different strategies we analyse have been encountered already in existing malware, and the likelihood of them being implemented in the future. We hope this work will provide some useful insights for predicting how ransomware may evolve in the future.

In-Line Repair of Detectable, Same-Level, Killer Defects Affecting IC Chips

2004 ◽  
Author(s):  
Oliver D. Patterson ◽  
David M. Shuttleworth ◽  
Michelle Jamison ◽  
Brad J. Albers
Keyword(s):  
Economic Analysis ◽  
Development Work ◽  
Proof Of Concept ◽  
The Future ◽  
Selection Of ◽  
Line Repair

Abstract In-line repair of same-level killer defects is suggested as a method of the future for achieving higher yields. A methodology describing selection of killer defects and how to repair them is presented. A proof of concept experiment is presented where killer defects are removed from comb test structures using a FIB. An economic analysis is also included which indicates that this technique is economically viable for more costly chip designs. Therefore additional development work is merited.

The economic analysis of rationality in the tradition of Harvey Leibenstein

2020 ◽  
pp. 21-38
Author(s):  
Ivan V. Rozmainsky ◽  
Yulia I. Pashentseva
Keyword(s):  
Economic Analysis ◽  
Real Life ◽  
Informal Institutions ◽  
External Information ◽  
Urban Residents ◽  
The Future ◽  
Information Constraints ◽  
High Degree ◽  
Market Capitalism

The paper is devoted to the economic analysis of rationality in the tradition of Harvey Leibenstein: the authors perceive rationality as “calculatedness” when making decisions, while the degree of this “calculatedness” is interpreted as a variable. Thus, this approach does not correspond to the generally accepted neoclassical interpretation of rationality, according to which rationality is both full and constant. The authors believe that such a neoclassical approach makes too stringent requirements for the abilities of people. In real life, people do not behave like calculating machines. The paper discusses various factors limiting the degree of rationality of individuals. One group of factors is associated with external information constraints such as the complexity and extensiveness of information, as well as the uncertainty of the future. Another group of factors is related to informal institutions. In particular, the paper states that the system of planned socialism contributes to less rationality than the system of market capitalism. Thus, in the post-socialist countries, including contemporary Russia, one should not expect a high degree of rationality of the behavior of economic entities. The paper mentions, in particular, the factors of rationality caused by informal institutions, such as the propensity to calculate, the propensity to be independent when making decisions and the propensity to set goals. The authors also believe that people who live on their own are usually more rational than people who share a common household with someone else. This assumption is verified econometrically based on data on young urban residents collected by the authors. It turned out that the behavior of people included in this database, in general, corresponds to what the authors believed.

Driving to the future of energy storage: Techno-economic analysis of a novel method to recondition second life electric vehicle batteries

2021 ◽  
Vol 295 ◽  
pp. 117007
Author(s):  
Noah Horesh ◽  
Casey Quinn ◽  
Hongjie Wang ◽  
Regan Zane ◽  
Mike Ferry ◽  
...  
Keyword(s):  
Energy Storage ◽  
Economic Analysis ◽  
Electric Vehicle ◽  
Second Life ◽  
The Future ◽  
Novel Method

Catholyte-free electroreduction of CO2 for sustainable production of CO: Concept, process development, techno-economic analysis, and CO2 reduction assessment

2021 ◽  
Author(s):  
Jaeseo Lee ◽  
Wonhee Lee ◽  
Kyung Hwan Ryu ◽  
Joungho Park ◽  
Hyo-Jin Lee ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Process Development ◽  
Co2 Reduction ◽  
Sustainable Production ◽  
Carbon Neutrality ◽  
The Future

Electrochemical CO2 reduction (ECO2R) is considered as one of economically viable means to convert CO2 into useful products, for achieving carbon neutrality in the future. Many studies have been conducted...

Of Law and Economics and Economic Analysis of Law: The Role of the Lawyer

Global Jurist ◽  
2019 ◽  
Vol 19 (3) ◽  
Author(s):  
Guido Calabresi
Keyword(s):  
Economic Analysis ◽  
Law And Economics ◽  
Economic Analysis Of Law ◽  
Yale University ◽  
The Future

Abstract This is the first chapter of The Future of Law and Economics: Essays in Reform and Recollection by Guido Calabresi, first published by Yale University Press in 2016.

scholarly journals Strategy as planning document

2006 ◽  
Vol 86 (1) ◽  
pp. 203-210 ◽  
Author(s):  
Zora Zivanovic ◽  
Sinisa Trkulja
Keyword(s):  
Strategic Planning ◽  
Spatial Planning ◽  
Successful Implementation ◽  
The Future ◽  
New Form

The need for planning, as a process through which the future can be influenced to a certain extent, gave a new form of this activity, that has characteristics of generalization, flexibility and adaptability in time and in space which it refers to. That is strategic planning, which tends to coordinate the variety of development components and has for its aim successful implementation based on planning objectives. In the practice of spatial planning in Serbia, important differences can be recognized in perception of the term "strategy" as a planning document, and in consequence differences in perception of its form, content and aim. In that sense, this paper is dedicated to the interpretation of different approaches in strategic spatial planning in Serbia and it points out strengths and weaknesses of those approaches.

Towards Implementing a Collaborative Manufacturing Cloud Platform: Experimenting Testbeds Aiming Asset Efficiency

2020 ◽  
Author(s):  
Nuno Santos ◽  
Paula Monteiro ◽  
Francisco Morais ◽  
Jaime Pereira ◽  
Daniel Dias ◽  
...  
Keyword(s):  
Supply Chain ◽  
Internet Of Things ◽  
Proof Of Concept ◽  
Cloud Platform ◽  
Industrial Internet Of Things ◽  
Manufacturing Environment ◽  
Collaborative Manufacturing ◽  
Manufacturing Operations ◽  
Industrial Internet ◽  
The Future

Abstract Developing Industrial Internet of Things (IIoT) systems requires addressing challenges that range from acquiring data at the level of the shopfloor, integrated at the edge level and managing it at the cloud level. Managing manufacturing operations at the cloud level arose the opportunity for extending decisions to entities of the supply chain in a collaborative way. Not only it has arisen many challenges due to several interoperability needs; but also in properly defining an effective way to take advantage of the available data, leading to Industrial Digital Thread (IDT) and Asset Efficiency (AE) implementing. This paper discusses implementation concerns for a collaborative manufacturing environment in an IIoT system in order to monitor equipment’s AE. Each concern was addressed in a separate proof of concept testbed. The demonstration is based in a project for the IIoT domain called PRODUTECH-SIF (Solutions for the Industry of the Future).

New Mediation, New Films, New Experiments

2019 ◽  
pp. 181-202
Author(s):  
Vittorio Gallese ◽  
Michele Guerra
Keyword(s):  
Emerging Technologies ◽  
Empirical Studies ◽  
Digital Technologies ◽  
The Future ◽  
Film Reception ◽  
New Form ◽  
Film Viewing ◽  
Empirical Approaches

This chapter presents the authors’ view of the future, discussing new digital technologies and mediations and their impact on film and its reception. The subheadings are: “New positioning,” a discussion of the future of film and cinema in the light of new and emerging technologies and the few empirical studies addressing these issues; “Digital presences,” an overview of how the authors’ model can help in formulating new theoretical and empirical approaches; “Death by chat,” an analysis of the film Unfriended with a discussion of how new mediations of filmic content reshape the spectator’s relation to film; “A new film grammar,” which introduces action cams and their impact on film viewing; and “Goodbye to the screen?” which envisions how the new filmic mediation may generate a new form of film reception.

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