655 research outputs found

    Moral hazard and private monitoring.

    Get PDF
    1This paper incorporates earlier work by Bhaskar [4] and unpublished notes by van Damme. We are grateful to Tilman Börgers, Dilip Mookherjee, Debraj Ray, an anonymous referee, an associate editor, and numerous seminar audiences for useful comments. The first author thanks the CentER for Economic Research (Tilburg) for its hospitality while some of this research was carried out.

    Moral hazard and private monitoring

    No full text
    1This paper incorporates earlier work by Bhaskar [4] and unpublished notes by van Damme. We are grateful to Tilman Börgers, Dilip Mookherjee, Debraj Ray, an anonymous referee, an associate editor, and numerous seminar audiences for useful comments. The first author thanks the CentER for Economic Research (Tilburg) for its hospitality while some of this research was carried out

    Moral hazard and private monitoring

    Get PDF
    1This paper incorporates earlier work by Bhaskar [4] and unpublished notes by van Damme. We are grateful to Tilman Börgers, Dilip Mookherjee, Debraj Ray, an anonymous referee, an associate editor, and numerous seminar audiences for useful comments. The first author thanks the CentER for Economic Research (Tilburg) for its hospitality while some of this research was carried out

    In Defense of Revolutionary Socialism: The Implications of Bhaskar Sunkara’s The Socialist Manifesto

    Get PDF
    This review of Bhaskar Sunkara’s The Socialist Manifesto locates the book within socialist debates about revolutionary praxis and the limits of reform versus revolution. The reviewer argues that the book has been accused, both fairly and unfairly, as “socialism without revolution,” an argument that can only be understood by delving more deeply into the positions advocated by the author. While Sunkara does in fact advance a “revolutionary socialism” in terms of concrete policy proposals, it is fair to ask critical questions about whether or not his limited interrogation of capitalist power is compatible with his self-professed goals

    BARON: Base-Station Authentication Through Core Network for Mobility Management in 5G Networks

    Get PDF
    Fifth-generation (5G) cellular communication networks are being deployed on applications beyond mobile devices, including vehicular networks and industry automation. Despite their increasing popularity, 5G networks, as defined by the Third Generation Partnership Project (3GPP), have been shown to be vulnerable against fake base station (FBS) attacks. An adversary carrying out an FBS attack emulates a legitimate base station by setting up a rogue base station. This enables the adversary to control the connection of any user equipment that (inadvertently) connects with the rogue base station. Such an adversary can gather sensitive information belonging to the user. While there is a large body of work focused on the development of tools to detect FBSs, the user equipment will continue to remain vulnerable to an FBS attack. In this paper, we propose BARON, a defense methodology to enable user equipment to determine whether a target base station that it is connecting to is legitimate or rogue. BARON accomplishes this by ensuring that the user receives an authentication token from the target base station which can be computed only by a legitimate and trusted entity. As a consequence, receiving such an authentication token from a base station ensures legitimacy of the base station. We evaluate BARON through extensive experiments on the handover process between base stations in 5G networks. Our experimental results show that BARON introduces an overhead of less than 1% during handover completion, which is 10000× lower than the overhead reported by a state-of-the-art method. BARON is also effective in thwarting an FBS attack and quickly recovering connection to a legitimate base station. Cyber Securit

    Moral hazard and private monitoring

    Get PDF
    game theory;moral hazard;information
    corecore