00000caa a22000003i 4500 UP-1685594773862408541 Buklod 20250805150946.0 m | | ta 250805s2014 xx a r |||| u|eng d 16551516 (iLib)UPBAG-00039569161 BAG rda eng ARTICLE-2896 Majuca, Ruperto P. author. Optimal solutions to cybercrimes lessons from law and economics Ruperto P. Majuca. [Quezon City] School of Economics, University of the Philippines 2014. pages 84-116 illustrations 23 cm text rdacontent unmediated rdamedia volume rdacarrier Title was 'Philippine Review of Business and Economics' until 1979. Title changed to 'Philippine Review of Economics and Business' from 1980-2000, and again changed to 'Philippine Review of Economics' since 2001. Includes bibliographical references. A model is presented wherein cybercrimes are addressed through a combination of private and public measures. This captures the substitutability of private and public responses and determines the optimal combination of these approaches. The socially optimal level of security is achieved by equalizing the marginal-benefit-to-marginal-cost ratios of each of the three alternatives: private security investment, nonrivalrous security investment, and law enforcement measures. The interrelatedness of Internet risks causes individual firms to underinvest in private and public security goods. The government thus lowers the level of police enforcement expenditures to induce firms to invest more in individual precautions. In certain conditions, cooperation results in socially optimal levels of expenditures in private and public security goods. The Shapley [1953] value can be used as a criterion for allocating the costs and benefits among the members of a security cooperative. Computer crimes Philippines Law and legislation. Computer security Philippines Law and legislation. The Philippine review of economics Vol. 51, no. 1 (June 2014), p. 84-116. UP UPBAG UPBAG-MAIN ARTICLE-2896 Analytics