Choi, Jay-Pil; Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2007
vulnerabilities can cause substantial damages. When vulnerabilities are discovered after the software has been sold to consumers, the … firms face a dilemma. A policy of disclosing vulnerabilities and issuing updates protects only the consumers who install … setting that examines the economic incentives facing software vendors and users when software is subject to vulnerabilities …