Quantifying Adversary Capabilities to Inform Defensive Resource Allocation
Chen Wang and
Vicki M. Bier
Risk Analysis, 2016, vol. 36, issue 4, 756-775
Abstract:
We propose a Bayesian Stackelberg game capable of analyzing the joint effects of both attacker intent and capabilities on optimal defensive strategies. The novel feature of our model is the use of contest success functions from economics to capture the extent to which the success of an attack is attributable to the adversary's capability (as well as the level of defensive investment), rather than pure luck. Results of a two‐target example suggest that precise assessment of attacker intent may not be necessary if we have poor estimates of attacker capability.
Date: 2016
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https://doi.org/10.1111/risa.12399
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Persistent link: https://EconPapers.repec.org/RePEc:wly:riskan:v:36:y:2016:i:4:p:756-775
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