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's General Data Protection Regulation (GDPR) by using seven years of data from a large global cloud-computing provider. Our … difference-in-difference estimates indicate that, in response to the GDPR, EU firms decreased data storage by 26% and data … processing by 15% relative to comparable US firms, becoming less "data-intensive." To estimate the costs of the GDPR for firms …
Persistent link: https://www.econbiz.de/10014486237
Many platforms deploy data collected from users for a multitude of purposes. While some are beneficial to users, others are costly to their privacy. The presence of these privacy costs means that platforms may need to provide guarantees about how and to what extent user data will be harvested...
Persistent link: https://www.econbiz.de/10014322800
This paper reviews the economic literature on the European Union's General Data Protection Regulation (GDPR). I … GDPR to date has largely--though not universally--documented harms to firms. These harms include firm performance … privacy improvements as well as helpful survey evidence. The literature also examines the consequences of the GDPR's design …
Persistent link: https://www.econbiz.de/10013477197
Thanks to big data, artificial intelligence (AI) has spurred exciting innovations. In the meantime, AI and big data are reshaping the risk in consumer privacy and data security. In this essay, I first define the nature of the problem and then present a few facts about the ongoing risk. The bulk...
Persistent link: https://www.econbiz.de/10012453461
There has been increasing attention to privacy in the media and in regulatory discussions. This is a consequence of the increased usefulness of digital data. The literature has emphasized the benefits and costs of digital data flows to consumers and firms. The benefits arise in the form of...
Persistent link: https://www.econbiz.de/10014226140
Third-party cookies and related 'offsite' tracking technologies are frequently used to share user data across applications in support of ad delivery. These data are viewed as highly valuable for online advertisers, but their usage faces increasing headwinds. In this paper, we quantify the...
Persistent link: https://www.econbiz.de/10015056091
Using data on 4.1 million apps at the Google Play Store from 2016 to 2019, we document that GDPR induced the exit of … structural model of demand and entry in the app market. Comparing long-run equilibria with and without GDPR, we find that GDPR … reduces consumer surplus and aggregate app usage by about a third. Whatever the privacy benefits of GDPR, they come at …
Persistent link: https://www.econbiz.de/10013210056
agreements determine the flow of data between networks. The European Union's General Data Protection Regulation (GDPR) imposes … interconnection agreements between networks around the world in 2015-2019, we empirically investigate the impact of the GDPR on … find economically small effects of the GDPR on the entry and the observed number of customers of networks. We conclude that …
Persistent link: https://www.econbiz.de/10012480424
The General Data Protection Regulation (GDPR) came into effect in the European Union in May 2018. We study its short …-run impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects on EU ventures …
Persistent link: https://www.econbiz.de/10012480899
welfare analysis of different data privacy regulations, such as the GDPR enacted by the European Union and the CCPA enacted by …-willed consumers to temptation goods. Despite that the GDPR and the CCPA give each consumer the choice to opt in or out of data sharing … default choices instituted by the GDPR and the CCPA can lead to sharply different outcomes …
Persistent link: https://www.econbiz.de/10012481201