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Blockchains and the GDPR pursue similar objectives where they seek to grant users greater control over their personal data. While the latter pursues this goal by imposing duties of care to centralised controllers and collectors of data, blockchains go a step beyond by trying to eliminate these...
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Economics offer different but complementary approaches to understanding privacy and security. For this inaugural contribution to the new In Our Orbit department, I was asked to explain briefly their methodological differences and similarities, and why they matter in our thinking about security...
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Various identity management solutions are emerging in different jurisdictions, with the goal of creating a unified and privacy-preserving identity management system bridging the offline with the online. Within this trend, the concept of self-sovereign identity has re-emerged. It is a concept...
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Although online retailers detail their privacy practices in online privacy policies, this information often remains invisible to consumers, who seldom make the effort to read and understand those policies. This paper reports on research undertaken to determine whether a more prominent display of...
Persistent link: https://www.econbiz.de/10013314366
We provide three related approaches to better understand the connections between the literatures on the value of privacy, and economic decision-making. In particular, we consider economic scenarios where individuals lack important information about facets of a privacy choice and where the...
Persistent link: https://www.econbiz.de/10013321918
This article summarizes and draws connections among diverse streams of theoretical and empirical research on the economics of privacy. We focus on the economic value and consequences of protecting and disclosing personal information, and on consumers' understanding and decisions regarding the...
Persistent link: https://www.econbiz.de/10013322294