Electronic Companion—“Who Should Be Responsible for Software Security? A Comparative Analysis of Liability Policies in Network
نویسنده
چکیده
Consequently, in equilibrium, if a consumer with valuation v0 buys and patches the software, then every consumer with valuation v > v0 will also buy and patch, and hence there exists a vp ∈ 0 1 such that a consumer with valuation v ∈ will buy and patch if and only if v≥ vp, in which case ∗ v = B P . We next consider the buying decision in the second period. If a consumer with valuation v decides to buy the product, she will incur a cost p. She will buy the software if and only if
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