Why Information Security is Hard-An Economic Perspective
ACSAC '01 Proceedings of the 17th Annual Computer Security Applications Conference
Modeling adoptability of secure BGP protocol
Proceedings of the 2006 conference on Applications, technologies, architectures, and protocols for computer communications
The role of compatibility in the diffusion of technologies through social networks
Proceedings of the 8th ACM conference on Electronic commerce
Modeling the adoption of new network architectures
CoNEXT '07 Proceedings of the 2007 ACM CoNEXT conference
Network externalities and the deployment of security features and protocols in the internet
SIGMETRICS '08 Proceedings of the 2008 ACM SIGMETRICS international conference on Measurement and modeling of computer systems
A local mean field analysis of security investments in networks
Proceedings of the 3rd international workshop on Economics of networked systems
Dynamics of competition between incumbent and emerging network technologies
Proceedings of the 3rd international workshop on Economics of networked systems
Convergence to Equilibrium in Local Interaction Games
FOCS '09 Proceedings of the 2009 50th Annual IEEE Symposium on Foundations of Computer Science
Economics of malware: epidemic risks model, network externalities and incentives
Allerton'09 Proceedings of the 47th annual Allerton conference on Communication, control, and computing
Modeling the dynamics of network technology adoption and the role of converters
IEEE/ACM Transactions on Networking (TON)
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Recently, economic models have been proposed to study adoption dynamics of entrant and incumbent technologies motivated by the need for new network architectures to complement the current Internet. We propose new models of adoption dynamics of entrant and incumbent technologies among bounded rational users who choose a satisfying strategy rather than an optimal strategy based on aspiration-based learning. Two models of adoption dynamics are proposed according to the characteristics of aspiration level. The impacts of switching cost, the benefit from entrant and incumbent technologies, and the initial aspiration level on the adoption dynamics are investigated.