Realistic versus Rational Secret Sharing
Yvo Desmedt and
Arkadii Slinko
Papers from arXiv.org
Abstract:
The study of Rational Secret Sharing initiated by Halpern and Teague regards the reconstruction of the secret in secret sharing as a game. It was shown that participants (parties) may refuse to reveal their shares and so the reconstruction may fail. Moreover, a refusal to reveal the share may be a dominant strategy of a party. In this paper we consider secret sharing as a sub-action or subgame of a larger action/game where the secret opens a possibility of consumption of a certain common good. We claim that utilities of participants will be dependent on the nature of this common good. In particular, Halpern and Teague scenario corresponds to a rivalrous and excludable common good. We consider the case when this common good is non-rivalrous and non-excludable and find many natural Nash equilibria. We list several applications of secret sharing to demonstrate our claim and give corresponding scenarios. In such circumstances the secret sharing scheme facilitates a power sharing agreement in the society. We also state that non-reconstruction may be beneficial for this society and give several examples.
Date: 2019-08
New Economics Papers: this item is included in nep-gth and nep-upt
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1908.07581
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