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econ.TH2023
Crowdsearch
Hans Gersbach, Akaki Mamageishvili, Fikri Pitsuwan
A common economic process is crowdsearch, wherein a group of agents is invited to search for a valuable object, such as a software vulnerability or a proof-of-work nonce. We study…
econ.TH2023
Decentralized Attack Search and the Design of Bug Bounty Schemes
Hans Gersbach, Akaki Mamageishvili, Fikri Pitsuwan
Systems and blockchains often have security vulnerabilities and can be attacked by adversaries, with potentially significant negative consequences. Therefore, infrastructure provid…