{"id":364,"date":"2025-04-28T02:32:28","date_gmt":"2025-04-28T02:32:28","guid":{"rendered":"https:\/\/sites.wp.odu.edu\/jlowm004\/?page_id=364"},"modified":"2025-04-28T02:46:31","modified_gmt":"2025-04-28T02:46:31","slug":"article-review","status":"publish","type":"page","link":"https:\/\/sites.wp.odu.edu\/jlowm004\/article-review\/","title":{"rendered":"Article Review"},"content":{"rendered":"\n

Article 1<\/strong><\/p>\n\n\n\n

Jay Michael Lowmack
February 16, 2025
Understanding Simulations in Economics for Cybersecurity Decision-making
This paper offers a comprehensive understanding of the framework that utilizes
simulations in economic cybersecurity decision-making making, which emphasizes their
potential to manage risk and uncertainty while addressing the common failures that can
arise due to concepts like bookkeeping and abstractions
Relation to Social Science and Concepts
It connects to these three Social Science concepts: behavioral decision theory,
economic and social impact, and Technological change and society. Each of these
concepts relates in many ways. For example, technological change and society relate to
how up-to-date the systems are, what technological upgrades and changes were made
to them, and the influences of policies. This is even mentioned in the following quote
\u201cCybersecurity is crucial for protecting tangible and intangible assets in modern society.
However, achieving it is challenging, e.g. because of rapid technological development
[1], cognitive limitations [2], lack of a skilled workforce [3], a plethora of stakeholders [4],
and for many other reason\u2026 This hampers the ability of organizations to make rational,
evidence-based decisions (see, e.g. [18\u201321]) to safeguard their digital ecosystems,
even though we do not claim that all stakeholders need detailed quantitative data to
make evidence-based policies.”( Kianpour & Franke, 2025).
Research Questions, Methods, and Simulation Data
Analysis:
Research questions:
\u2022 Focusing on how the simulations can improve decision-making in
economics involving cybersecurity can help identify questions and
hypotheses. These hypotheses must explore the effectiveness of the
simulation to ensure it is worth using and to enhance its abilities about
probabilities and consequences, particularly under the risk of uncertainty.
Data and Analysis:
\u2022 Simulation data is used to analyze the information found to explore
potential outcomes in cybersecurity for decision-making. This is done by
analyzing simulation models to understand how these models predict the
outcomes and complex relationships between threats, vulnerabilities, and
decision outcomes.
Research methods used:<\/p>\n\n\n\n