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Network Defense and Behavior Biases: An Experimental Study

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  • Timothy N. Cason
  • Daniel Woods
  • Mustafa Abdallah
  • Saurabh Bagechi
  • Shreyas Sundaram

Abstract

How do people distribute defenses over a directed network attack graph, where they must defend a critical node? This question is of interest to computer scientists, information technology and security professionals. Decision-makers are often subject to behavioral biases that cause them to make sub-optimal defense decisions, which can prove especially costly if the critical node is an essential infrastructure. We posit that non-linear probability weighting is one bias that may lead to sub-optimal decision-making in this environment, and provide an experimental test. We find support for this conjecture, and also identify other empirically important forms of biases such as naive diversification and preferences over the spatial timing of the revelation of an overall successful defense. The latter preference is related to the concept of anticipatory feelings induced by the timing of the resolution of uncertainty.
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  • Timothy N. Cason & Daniel Woods & Mustafa Abdallah & Saurabh Bagechi & Shreyas Sundaram, 2021. "Network Defense and Behavior Biases: An Experimental Study," Purdue University Economics Working Papers 1328, Purdue University, Department of Economics.
  • Handle: RePEc:pur:prukra:1328
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    1. Muhammad Afzal & Abdul Rasheed & Khalil-Ur-Rehman, 2023. "Evaluation of Behavioral Biases and Investment Decision: An Evidence from Pakistan Stock Exchange (PSX)," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(4), pages 126-134.

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