Showing 1 - 10 of 145
A growing literature identifies associations between subjective and biometric indicators of wellbeing. These associations, together with the ability of subjective wellbeing (SWB) metrics to predict health and behavioral outcomes, have spawned increasing interest in SWB as an important concept in...
Persistent link: https://www.econbiz.de/10012794615
Anti-poverty programs in developing countries are often difficult to implement; in particular, many governments lack the capacity to deliver payments securely to targeted beneficiaries. We evaluate the impact of biometrically-authenticated payments infrastructure ("Smartcards") on beneficiaries...
Persistent link: https://www.econbiz.de/10012458665
reshaping the risk in consumer privacy and data security. In this essay, I first define the nature of the problem and then …
Persistent link: https://www.econbiz.de/10012453461
privacy improvements as well as helpful survey evidence. The literature also examines the consequences of the GDPR's design … well as privacy regulation and privacy-related innovation more broadly …
Persistent link: https://www.econbiz.de/10013477197
are costly to their privacy. The presence of these privacy costs means that platforms may need to provide guarantees about … privacy guarantees. We first introduce a novel mask-shuffle mechanism and prove it is Pareto optimal--meaning that it leaks … mask-shuffle mechanism, there exists a unique equilibrium in which privacy guarantees balance privacy costs and utility …
Persistent link: https://www.econbiz.de/10014322800
By regulating how firms collect, store, and use data, privacy laws may change the role of data in production and alter … firm demand for information technology inputs. We study how firms respond to privacy laws in the context of the EU …
Persistent link: https://www.econbiz.de/10014486237
We construct novel text-based measures of firm-level cyber risk exposure based on quarterly earnings calls of 12,000+ firms from 85 countries over 20+ years. We categorize each cyber-related discussion into topics that capture sentiment, monetary loss, country names, etc. We document new facts...
Persistent link: https://www.econbiz.de/10012585390
respect the privacy of consumers. But nonrivalry leads to other consequences that are less obvious. Because of nonrivalry …, there may be large social gains to data being used broadly across firms, even in the presence of privacy considerations … their concerns for privacy against the economic gains that come from selling data to all interested parties …
Persistent link: https://www.econbiz.de/10012480204
When is record-keeping better arranged through a blockchain than through a traditional centralized intermediary? The ideal qualities of any record-keeping system are (i) correctness, (ii) decentralization, and (iii) cost efficiency. We point out a blockchain trilemma: no ledger can satisfy all...
Persistent link: https://www.econbiz.de/10012481054
We develop a novel firm-level measure of cybersecurity risk using textual analysis of cybersecurity-risk disclosures in corporate filings. The measure successfully identifies firms extensively discussing cybersecurity risk in their 10-K, displays intuitive relations with quantitative measures of...
Persistent link: https://www.econbiz.de/10012482415