Duopoly insurers' incentives for data quality under a mandatory cyber data sharing regime. (arXiv:2308.00795v1 [econ.TH])

We study the impact of data sharing policies on cyber insurance markets.
These policies have been proposed to address the scarcity of data about cyber
threats, which is essential to manage cyber risks. We propose a Cournot duopoly
competition model in which two insurers choose the number of policies they
offer (i.e., their production level) and also the resources they invest to
ensure the quality of data regarding the cost of claims (i.e., the data quality
of their production cost). …

address competition cyber cyber insurance cyber threats data data quality data sharing impact incentives insurance manage markets policies quality risks scarcity sharing study threats under