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Elsewhere
1. Economic models of computer security.
2. Alain Badiou, France's hottest thinker. I read two of his books and was not thrilled.
3. The most rewatched movies, as selected by critics and moviemakers. Mine would be Bergman's Persona, which is entering its eighth viewing. Next would be The Empire Strikes Back.
4. Teaching economics through song lyrics.
5. Dan Klein's Mere Libertarianism: Blending Hayek and Rothbard.
Posted by Tyler Cowen on June 29, 2006 at 11:45 AM in Web/Tech | Permalink
Comments
My most-watched:
The Princess Bride
What's Up, Doc?
Cable Guy
Swingers
Seen each of those at least 10 times. The first two closer to 20-30 times, probably.
There are others I've seen more than 2 or 3 times, but they don't come immediately to mind.
Posted by: bob montgomery at Jun 29, 2006 12:05:29 PM
In the discussion of the economics of computer security, some of the incentives seem to be improperly stated. If a company "pass the cost of fraud along to their customers," won't that lead to an equal and opposite change in the money price of their product? I think what the author means to say is that, when the costs are passed on to the customers, protection against fraud becomes a public good and so is underprovided (that is, it's not that the company passes costs onto their customers, but that customers pass costs onto other customers). As stated, he suggests the initial assignment of costs and benefits inherently determines whether an efficient outcome is achieved, which obviously violates the Coase theorem.
Posted by: ryan at Jun 29, 2006 3:14:07 PM
I read the line about "pass[ing] the cost of fraud along to their customers" as meaning that if someone hacks into the bank and takes $100 out of your account, you are out $100 with no recourse or with major difficulties proving you deserve the money back. I'm not sure Schneier groks enough economics to relate this to the Coase thoerem.
His article is a step in the right direction, but I am still not sure that Schneier and other computer security experts realize that the economically efficient optimum level of security is less than 100%.
Posted by: DK at Jun 29, 2006 4:53:09 PM
Most rewatched: The Big Lebowski
Posted by: Paul N at Jun 29, 2006 7:50:04 PM
"I am still not sure that Schneier and other computer security experts realize that the economically efficient optimum level of security is less than 100%."
Yes he does. Read his Applied Cryptography. And read anything he's had to say on the DHS.
His blog is an excellent daily read: http://www.schneier.com/blog
Posted by: Nathan T. Freeman at Jun 30, 2006 4:02:43 AM
The literature-map page for John Rawls is very amusing.
Posted by: sammler at Jun 30, 2006 6:32:19 AM
Most re-watched films:
Aguirre, The Wrath of God
Apocalypse Now
Betrayal (from the Pinter play)
Blade Runner
Breaker Morant
The Browning Version (the Albert Finney one)
Glengarry Glen Ross
Henry the Fifth (the Kenneth Branaugh one)
Nosferatu (the Klaus Kinski one)
Office Space
The Thin Blue Line
Hmmm. My preferences in flim seem to be based primarily on whether the title begins with an A or B. Disheartening, I would have thought my tastes to have been more profound. Speaking of which, I clicked onto the link about Alain Badiou, France's Hottest Thinker. Or, as the writer of the linked article puts it: "Badiou: Badass." May I advise others against doing the same?
Posted by: Fred Reece at Jun 30, 2006 11:39:29 AM
Hobson's Choice
Star Wars/Empire Strikes Back
Galaxy Quest
All About Eve
The Farmer's Daughter
And for some reason, the Patton/Tora Tora Tora double feature which was showing
up after Memorial Day.
My kid's discovered Some Like It Hot.
And 007, too numerous to mention.
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