Description: Economics of Privacy, Hardcover by Goldfarb, Avi (EDT); Tucker, Catherine E. (EDT), ISBN 0226834077, ISBN-13 9780226834078, Brand New, Free shipping in the US A foundational new collection examining the mechanics of privacy in the age. The falling costs of collecting, storing, and processing data have allowed firms and governments to improve their products and services, but have also created databases with detailed individual-level data that raise privacy concerns. This volume summarizes the research on the economics of privacy and identifies open questions on the value of privacy, the roles of property rights and markets for privacy and data, the relationship between privacy and inequality, and the political economy of privacy regulation. Several themes emerge across the chapters. One is that it may not be possible to solve privacy concerns by creating a market for the right to privacy, even if property rights are well-defined and transaction costs are low. Another is that it is difficult to measure and value the benefits of privacy, particularly when individuals have an intrinsic preference for privacy. Most previous attempts at valuation have focused only on quantifiable economic outcomes, such as innovation. Finally, defining privacy through an economic lens is challenging. The broader academic and legal literature includes many distinct definitions of privacy, and different definitions may be appropriate in different contexts. The chapters explore a variety of frameworks for examining these questions and provide a range of new perspectives on the role of economics research in understanding the benefits and costs of privacy and of data flows. As the economy continues to expand the scope of economic theory and research, The Economics of Privacy provides the most comprehensive survey to date of this field and its next steps.
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End Time: 2024-12-09T11:35:49.000Z
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Book Title: Economics of Privacy
Number of Pages: 192 Pages
Publication Name: Economics of Privacy
Language: English
Publisher: University of Chicago Press
Publication Year: 2024
Subject: Security / Online Safety & Privacy, General, Information Management, Economics / Theory
Item Height: 0.8 in
Item Weight: 14.9 Oz
Type: Textbook
Author: Catherine E. Tucker
Item Length: 9.3 in
Subject Area: Law, Computers, Business & Economics
Series: National Bureau of Economic Research Conference Report
Item Width: 7.7 in
Format: Hardcover