Earlier quoted context omitted.
> Bounty programs are a pretty recent development and the idea that they should be scalable and stable well paying employment for a lot of people is a bit strange to me. So, the value to the researcher of having a found bug has a floor of the black market value. The value to Google is whatever the costs of exploitation are: reputational, cleanup, etc. A sane value is somewhere between these two, depending on bargaini…
That's not true because there is an economic cost for most people to committing crimes. "Hey you could make more money selling that on the black market" is not going to convince me to sell something on the black market. Bounty programs are very much not trying to compete with crime.
> Bounty programs are very much not trying to compete with crime.
Nor did my post posit this.
Bounty programs should pay a substantial fraction of the downside saved by eliminating the bug, because A) this gives an appropriate incentive for effort and motivate the economically correct amount of outside research, and B) this will feel fair and make people more likely to do what you consider the right thing, which is less likely if people feel mistreated.