Companies are under an increasing pressure by policy makers to publicize data breaches. Such notification obligations require announcing the loss of personal data collected from customers, because of hacker attacks or other incidents. While notification is likely to impact on firms' reputation,...

Breaches of the security of personal data collected by firms are reported almost daily. Companies are under an increasing political pressure to notify individuals whose privacy as been breached. At the moment, we know virtually nothing about the behavioral impact of data breach notifications. We...

One of the most popular questions in information security economics is whether there are any special features relating to privacy and cyber-security products and services that separate these from traditional goods, like apples or cars. This paper is a contribution to this discussion. First,...

This document is an overview of the state-of-the-art in the economics of Privacy and Cyber-security (PACS). It is the Deliverable D4.1 under the FP7-financed project "Innovation Framework for Privacy and Cyber-security Market Opportunities." This is the most comprehensive overview on the...

In diesem Jahr steht in Deutschland die Novellierung des Gesetzes gegen Wettbewerbsbeschränkungen (GWB) an. Das Reformvorhaben hat eine intensive Debatte um die Neuorientierung der Wettbewerbspolitik in digitalen Märkten entfacht. Während es einen Konsens gibt, dass der existierende...