Jerry/Hal,
This lemon-car analogy is interesting.
One sidebar that might be worked into the argument is the
apparently widespread side-line business where a car is
auctioned on eBay but before the sale is consumated the
buyer engages a mechanic to check the car out pre-sale.
The car and the
Steven M. Bellovin forwards a pointer to:
http://www.cl.cam.ac.uk/~rja14/Papers/econ_crypto.pdf
Ross Anderson gave his invited talk at Crypto yesterday on this topic
of the economics of crypto and security. It was an excellent talk,
showcasing a new way to look at problems that sheds light on a
* Hal Finney:
Information on the quality of AV and other security products is widely
available on the net, in magazines and other places that consumers
might look for reviews and comparisons. This is completely unlike
the situation with individual used cars. I don't see this analogy as
http://www.cl.cam.ac.uk/~rja14/Papers/econ_crypto.pdf
--Steve Bellovin, http://www.cs.columbia.edu/~smb
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