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's General Data Protection Regulation (GDPR) by using seven years of data from a large global cloudcomputing 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/10014472060
'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
In its Communication "Building a European data economy" the EU Commission discusses the introduction of a new exclusive property right on data ("data producer right") for non-personal (or anonymised) machine-generated data, and mandatory access rights to privately held data for achieving more...
Persistent link: https://www.econbiz.de/10011720841
The EU General Data Protection Regulation (GDPR) of 2018 introduced stringent transparency rules compelling firms to …
Persistent link: https://www.econbiz.de/10014504790
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
Data brokers collect, manage, and sell customer data. We propose a simple model, in which data brokers sell data to downstream firms. We characterise the optimal strategy of data brokers and highlight the role played by the data structure for co-opetition. If data are "sub-additive", with the...
Persistent link: https://www.econbiz.de/10011977111
We study the GDPR's opt-in requirement in a model with a firm that provides a digital service and consumers who are … firm. We show that the GDPR boosts demand for the service by allowing consumers with high privacy costs to buy the service … GDPR, implying that the GDPR can be welfare-improving. But if the firm's revenue is largely from data monetization, then …
Persistent link: https://www.econbiz.de/10014334058
We study the GDPR's opt-in requirement in a model with a firm that provides a digital service and consumers who are … firm. We show that the GDPR boosts demand for the service by allowing consumers with high privacy costs to buy the service … GDPR, implying that the GDPR can be welfare-improving. But if the firm's revenue is largely from data monetization, then …
Persistent link: https://www.econbiz.de/10015047795
Persistent link: https://www.econbiz.de/10012214135
The Internet of Things represents the next step in convergence between ICTs and the economy on an unprecedented scale, with estimates indicating that 25 billion devices will be connected by 2020. Network connectivity, widespread sensor placement and sophisticated data analytics enable...
Persistent link: https://www.econbiz.de/10011589128