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Keywords:hacking 

Working Paper
Eggs in One Basket: Security and Convenience of Digital Currencies

Digital currencies store balances in anonymous electronic addresses. We analyze the trade-offs between safety and convenience of aggregating balances in addresses, electronic wallets and banks. In our model agents balance the risk of theft of a large account with the cost to safeguarding a large number of passwords of many small accounts. Account custodians (banks, wallets and other payment service providers) have different objectives and tradeoffs on these dimensions; we analyze the welfare effects of differing industry structures and interdependencies, and in particular the consequences ...
Working Papers , Paper 2020-032

Journal Article
Cyberattacks and the Digital Dilemma

Recent high-profile hacks have renewed calls for improved security, but competing incentives pose a challenge
Econ Focus , Issue 3Q , Pages 8-11

Newsletter
Ethical Use of Data with FRED

What are the ethical considerations for researchers who use data? This data primer describes standards for gathering, analyzing, storing, and distributing data for new data users and serves as a reference for advanced data users.
Page One Economics Newsletter

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