The Economics of Digital Privacy

IF 6.8 2区 经济学 Q1 ECONOMICS Annual Review of Economics Pub Date : 2023-09-13 DOI:10.1146/annurev-economics-082322-014346
Avi Goldfarb, Verina F. Que
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引用次数: 1

Abstract

There has been increasing attention to privacy in the media and in regulatory discussions. This is a consequence of the increased usefulness of digital data. The literature has emphasized the benefits and costs of digital data flows to consumers and firms. The benefits arise in the form of data-driven innovation, higher-quality products and services that match consumer needs, and increased profits. The costs relate to the intrinsic and instrumental values of privacy. Under standard economic assumptions, this framing of a cost-benefit trade-off might suggest little role for regulation beyond ensuring consumers are appropriately informed in a robust competitive environment. The empirical literature thus far has focused on this direct cost-benefit assessment, examining how privacy regulations have affected various market outcomes. However, an increasing body of theory work emphasizes externalities related to data flows. These externalities, both positive and negative, suggest benefits to the targeted regulation of digital privacy.
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数字隐私经济学
在媒体和监管讨论中,人们越来越关注隐私问题。这是数字数据越来越有用的结果。文献强调了数字数据流对消费者和企业的收益和成本。这些好处体现在数据驱动的创新、符合消费者需求的更高质量的产品和服务,以及利润的增加。这些成本与隐私的内在价值和工具价值有关。在标准的经济假设下,这种成本效益权衡的框架可能表明,除了确保消费者在一个强劲的竞争环境中获得适当的信息外,监管几乎没有什么作用。迄今为止,实证文献主要集中在这种直接的成本效益评估上,研究隐私监管如何影响各种市场结果。然而,越来越多的理论工作强调与数据流相关的外部性。这些正面和负面的外部性都表明,对数字隐私进行有针对性的监管是有益的。
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来源期刊
CiteScore
9.70
自引率
3.60%
发文量
34
期刊介绍: The Annual Review of Economics covers significant developments in the field of economics, including macroeconomics and money; microeconomics, including economic psychology; international economics; public finance; health economics; education; economic growth and technological change; economic development; social economics, including culture, institutions, social interaction, and networks; game theory, political economy, and social choice; and more.
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