Overthrowing the dictator: a game-theoretic approach to revolutions and media

A distinctive feature of recent revolutions was the key role of social media (e.g. Facebook, Twitter and YouTube). In this paper, we study its role in mobilization. We assume that social media allow potential participants to observe the individual participation decisions of others, while traditional mass media allow potential participants to see only the total number of people who participated before them. We show that when individuals’ willingness to revolt is publicly known, then both sorts of media foster a successful revolution. However, when willingness to revolt is private information, only social media ensure that a revolt succeeds, with mass media multiple outcomes are possible, one of which has individuals not participating in the revolt. This suggests that social media enhance the likelihood that a revolution triumphs more than traditional mass media

Affordable security or big guy vs small guy:Does the depth of your pockets impact your protocols?

When we design a security protocol we assume that the humans (or organizations) playing Alice and Bob do not make a difference. In particular, their financial capacity seems to be irrelevant. In the latest trend to guarantee that secure multi-party computation protocols are fair and not vulnerable to malicious aborts, a slate of protocols has been proposed based on penalty mechanisms. We look at two well-known penalty mechanisms, and show that the so-called see-saw mechanism (Kumaresan et al., CCS 15), is only fit for people with deep pockets, well beyond the stake in the multi-party computation itself. Depending on the scheme, fairness is not affordable by everyone which has several policy implications on protocol design. To explicitly capture the above issues, we introduce a new property called financial fairness

Risk and time preferences: linking experimental and household survey data from Vietnam

We conducted experiments in Vietnamese villages to determine the predictors of risk and time preferences. In villages with higher mean income, people are less loss-averse and more patient. Household income is correlated with patience but not with risk. We expand measurements of risk and time preferences beyond expected utility and exponential discounting, replacing those models with prospect theory and a three-parameter hyperbolic discounting model. Comparable risk parameter estimates have been found for Chinese farmers, using our method