There is much debate on how the flow of information between firms should be organized, and whether existing privacy laws should be amended. We offer a welfare comparison of the three main current policies towards consumer privacy anonymity, opt in, and opt out within a two-period model of...

On a very abstract level, an information system consists of a set of system elements which communicate with each other. Communication is an unproductive operation, so the time needed to communicate data should be kept as short as possible and, to put it in monetary terms, the opportunity costs...

Das vorliegende Working Paper erläutert die aktuelle Relevanz von NFTs (Non-Fungible Tokens) und dem Metaverse in der Forschung und Industrie. Dabei wird betont, dass diese Begriffe häufig als "Buzzwords" dienen und sowohl bei professionellen Investoren als auch bei jungen Menschen eine...