Search arXiv⌕ Search

arXiv · 2609.26797

Calibrated Bait: Defensive Information Design under Adversarial Fingerprinting

Abstract

A honeytoken, a decoy credential or record whose use reveals an intruder, produces defence intelligence only if an adversary sometimes treats it as genuine. The adversary can instead pay to fingerprint it. I model this problem as information design followed by receiver information acquisition. Without fingerprinting, a defender whose installed trap prevalence exceeds the adversary's participation boundary places the attacked pool exactly at that boundary: calibrated bait. That posterior also maximises the gross value of any fixed informative diagnostic with finitely many signal outcomes. For a perfect covert test, the resulting appearance design has a closed-form, prior-dependent characterisation: expensive testing preserves calibrated bait, intermediate-cost testing produces under-calibrated bait, and cheap testing yields pooling, protected segmentation or abstention. Free and costless adjustment of trap prevalence makes non-degenerate segmentation unnecessary, but a sufficiently large adjustment cost around a sufficiently high inherited composition can sustain it. Finally, along an exogenously declining fingerprinting-cost path, lower cost reduces trap activation without reducing genuine compromise within the under-calibrated regime. Evaluation against fresh attackers can therefore overstate the durability of reusable bait.

Explore related subjects

Keep this discovery

Explore connections, maps & timelines

BibTeXRIS

Joshua S. Gans. 2026-09-25. Calibrated Bait: Defensive Information Design under Adversarial Fingerprinting. https://arxiv.org/abs/2609.26797

Cite the original work for its findings. Save a collection to share your selection of sources.

KEEP EXPLORING

Related papers

Inherited Wage Dispersion and Optimal Discretion in a Dual-Rigidity TANK Model

How does an inherited cross-type wage gap enter Markov-perfect discretionary monetary policy when transfers are passive? In a two-agent New Keynesian model with sticky prices and type-specific own-lag wage adjustment, the gap changes implementable allocations and the second-order welfare loss. A positive lower bound establishes its value relevance; explicit rank conditions characterize when current price inflation, wage inflation, and the output gap fail to determine the implementing nominal rate. An illustrative parameterization satisfies these conditions, although the additional state explains little nominal-rate variance after conditioning on all three aggregate variables. Welfare comparisons with fixed rules are driven mainly by aggregate wage-inflation stabilization and do not isolate the value of distributional information. Unrestricted targeted transfers separate aggregate allocation from the legacy wage-gap transition. In the CES-consistent distribution block, optimal smoothing eliminates consumption dispersion, improves on immediate wage-gap elimination, and coincides under discretion and date-0 commitment.

econ.TH↗

The Capacity Cost of Informational Screening

An advisor knows who would benefit from using a resource but cannot assign its use. Individuals have private assessments and may ignore advice. We study how their choices can respect a fixed usage limit. In our model, whenever coordination is possible, eliciting private assessments makes some harmful use unavoidable. Policies that maximize welfare, or even minimize harm, also forgo beneficial uses that direct assignment would permit. In those environments, observing assessments instead allows advice to achieve as much beneficial use as direct assignment, without harmful use. The loss therefore reflects the incentive cost of eliciting private beliefs while leaving use voluntary.

econ.TH↗

Toward an Attentional Model of Time Discounting

This paper proposes a new theory of time discounting. We assume that when decision makers evaluate a sequence of future rewards, they allocate more attention to large rewards and less attention to small rewards. Moreover, when attention is distributed over a longer time horizon, each period receives less attention. The reductions in attention lead to greater discounting of reward values, and the resulting discount factors follow a distribution similar to the multinomial logit function. We characterize such discount factors using two approaches: an axiomatic analysis based on the optimal discounting framework, and a neuro-computational mechanism based on a simple spiking neural network. The theory explains a wide range of anomalies, including the hidden-zero effect, S-shaped value function, intertemporal correlation aversion, concentration bias, and inconsistent planning. Also, it identifies new determinants for several well-documented phenomena, such as the common difference effect and risk aversion over time lotteries.

econ.TH↗