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We analyze how different degrees of privacy protection affect industry profits, consumer welfare, and total welfare in a model with switching costs. Firms earn higher profits under weak privacy protection compared with strong or no privacy protection. The relationship between the degree of...
Persistent link: https://www.econbiz.de/10013034438
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
Policy makers are increasingly concerned about the combination of market power and massive data collection in digital markets. This concern is fueled by the theoretical prediction that more market power causes firms to collect ever more data from their users. We investigate the relationship...
Persistent link: https://www.econbiz.de/10012161249
There is "no free disposal" (NFD) in the consumption of online personalization services, as this activity inherently involves sharing of personal and preference information that creates disutilities to the consumer. Not only are more services not necessarily better for the consumer, but these...
Persistent link: https://www.econbiz.de/10014050112
We study price discrimination by a monopoly two-sided platform who mediates interactions between two different groups of agents. We adapt a canonical model of second degree price discrimination a la Mussa and Rosen (1978) to a two-sided platform by focusing on non-responsiveness, a clash between...
Persistent link: https://www.econbiz.de/10014035737
An online platform auctions an advertising slot. Several advertisers compete in the auction, and consumers differ in their preferences. Prior to the auction, the platform decides whether to allow advertisers to access information about consumers (disclosure) or not (privacy). Disclosure improves...
Persistent link: https://www.econbiz.de/10014039631
In markets where duopolists supply differentiated products with certain degree of complementarity, not only can each consumer choose to buy one unit from a particular seller (single-purchase), the consumer may also choose to buy from different sellers simultaneously (multi-purchase) for brand...
Persistent link: https://www.econbiz.de/10013307580
bis heute kaum Eingang gefunden. Das Arbeitspapier zeigt auf, wie und wo Datenschutz in ITIL einbezogen werden kann und … des Datenschutzes und der Datenschutz als Ausprägung von Prozesselementen. Hieraus ergibt sich letztlich die Rolle des … Analyse im Einzelfall, die sich auf die unternehmensspezifische Intensität der Beziehungen zwischen dem Datenschutz und der …
Persistent link: https://www.econbiz.de/10009611852
We shed light on a money-for-privacy trade-off in the market for smartphone applications ("apps"). Developers offer their apps cheaper in return for greater access to personal information, and consumers choose between lower prices and more privacy. We provide evidence for this pattern using data...
Persistent link: https://www.econbiz.de/10011452799
The General Data Protection Regulation (GDPR) was enacted in the European Union in April 2016 and went into effect in May 2018. We study its impact on investment in new and emerging technology firms. Our findings indicate negative post-GDPR effects after its 2018 rollout on European ventures,...
Persistent link: https://www.econbiz.de/10012850977