Abstract

In the realm of information security, lack of information about other users' incentives in a network can lead to inefficient security choices and reductions in individuals' payoffs. We propose, contrast and compare three metrics for measuring the price of uncertainty due to the departure from the payoff-optimal security outcomes under complete information. Per the analogy with other efficiency metrics, such as the price of anarchy, we define the price of uncertainty as the maximum discrepancy in expected payoff in a complete information environment versus the payoff in an incomplete information environment. We consider difference, payoff-ratio, and cost-ratio metrics as canonical nontrivial measurements of the price of uncertainty.

We conduct an algebraic, numerical, and graphical analysis of these metrics applied to different well-studied security scenarios proposed in prior work (i.e., best shot, weakest-link, and total effort). In these scenarios, we study how a fully rational expert agent could utilize the metrics to decide whether to gather information about the economic incentives of multiple nearsighted and naive agents. We find substantial differences between the various metrics and evaluate the appropriateness for security choices in networked systems.

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