Electronic commerce (EC) transactions are subject to multiple information security threats. Proposes that consumer trust in EC transactions is influenced by perceived information security and distinguishes it from the objective assessment of security threats. Proposes mechanisms of encryption, protection, authentication, and verification as antecedents of perceived information security. These m...

The strategic goal of this project is to improve the theoretical bases and corresponding tool support for the design languages and methodologies that are widely used for building avionics and aerospace systems. Existing languages, particularly the popular Stateflow statecharts, lack in expressiveness and tool support for refinement-based designs as practised by engineers. In particular, they ha...

Because of delays to input payments, production linkages coincide with trade credit linkages. This paper investigates how these interconnected production and financial linkages of firms propagate shocks upstream and downstream in an input-output model. Theoretically, I obtain that financial frictions in trade and financial linkages of firms are necessary features for generating strong upstream ...

In his landmark 1961 article, Some Thoughts on Risk Distribution and the Law of Torts, Judge Calabresi provides a theoretical framework for analyzing tort liability as a risk-spreading device that functions in a manner similar to insurance. In our article, we examine the insurance objective of tort liability from the standpoint of modern tort law. Since Calabresi’s foundational article, there h...

This document provides an overview of all NoAH components, defines their requirements and describes the interface between them. The NoAH architecture, as described so far, is a set of individual components that cooperate to form a farm of distributed honeypots. Although the main NoAH components –low-and high-interaction honeypots, signature generation, honey@home and funneling/tunneling – can w...

Extending the notion of contractual pricing introduced by Makowski and Ostroy (2003) to economies with moral hazard, this paper develops a model of team formation and organized competition with three main contributions. Firstly, a team’s organization is defined as an allocation of (public or private) commodities together with incentive compatible actions and information to its members. Secondly...

This article develops the point that incentive and risk-bearing problems associated with contractual holdup may justify legal intervention. Contractual holdup is considered both for fresh contracts and for modifications of contracts. One type of legal intervention is flat voiding of contracts. Such intervention tends to be advantageous when holdup situations are engineered. Another type of inte...

This empirical study addresses the problem of how Commercial-offthe-Shelf (COTS), tailored, and Modified-off-the-Shelf (MOTS) software contracting has been approached, in practice. The focus of the study is on analyzing different contractual characterizations of the three models of software business. The empirical part of the study was completed by analyzing twelve software producing companies ...