Retaliation, Remedies, and Contracts

Retaliation Against Protocol Attacks

Security protocols intend to give their parties reasonable assurance that certain security properties will protect their communication session. However, the literature confirms that the protocols may suffer subtle and hidden attacks. Flawed protocols are customarily sent back to the design process, but the costs of reengineering a deployed protocol may be prohibitive. This paper outlines the co...

Fairness and Retaliation: The Economics of Reciprocity

This paper shows that reciprocity has powerful implications for many economic domains. It is an important determinant in the enforcement of contracts and social norms and enhances the possibilities of collective action greatly. Reciprocity may render the provision of explicit incentive inefficient because the incentives may crowd out voluntary co-operation. It strongly limits the effects of com...

Gaming A laboratory experiment in retaliation 1

is somewhat exploratory. An experimental game with options to attack and to retaliate was presented to 196 college students. A 2 X 3 factorial design explored the effects of accidental attack, expected iteration, social influence, and timing conditions upon the incidence of retaliation. Measures of authoritarianism, orientation to military-political strategy, and attitudes relating to nuclear w...

Equity and Equitable Remedies

Sickonomics: Diagnoses and Remedies

In their recent analysis of the alleged decay in modern economics, Ben Fine and Dimitris Milonakis claim to find its source and origin in the ‘marginal revolution’ of the 1870s. They argue that this development led to ‘methodological individualism’ and the detachment of economics from society and history. I contest their account of the marginal revolution and of the role of Alfred Marshall amon...