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An Informational Theory of Privacy

Datos Bibliográficos

ID9707601
AutoresOle Jann (0000-0002-6198-3819, CERGE-EI), Christoph Schottmüller (0000-0001-6059-1090, University of Cologne and TILEC)
Año2020
Volumen130
Número625
Páginas93-124
Fecha de publicación2020-01-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Economic Journal (JOURNAL)
Identificadores de la revistaISSN: 0013-0133 • E-ISSN: 1468-0297
EditorialOxford University Press (PUBLISHER • GB)
DOI10.1093/ej/uez045
OpenAlexW2545148967
IdiomaEN
Referencias citadas21

Privacy of consumers or citizens is often seen as an inefficient information asymmetry. We challenge this view by showing that privacy can increase welfare in an informational sense. It can also improve information aggregation and prevent inefficient statistical discrimination. We show how and when the different informational effects of privacy line up to make privacy efficient or even Pareto-optimal. Our theory can be applied to decide who should have which information and how privacy and information disclosure should be regulated. We discuss applications to online privacy, credit decisions and transparency in government

Business · Computer security · Economics · Information asymmetry · Information privacy · Internet privacy · Microeconomics · Pareto principle · Personally identifiable information · Privacy by Design · Privacy policy · Transparency (behavior · Auction Theory and Applications · Computer Science · Consumer Market Behavior and Pricing · Privacy, Security, and Data Protection

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  • The Economics of Privacy

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  • Muddled Information

    Alexander Frankel, Alex Frankel et al.•Journal of Political Economy•2018

  • Political Correctness

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    Open Access•Ellen E Meade, David Stasavage•The Economic Journal•2008

  • Pens and Polls in Nicaragua

    K Bischoping, Howard Schuman•American Journal of Political…•1992

Velocidad de citaciónhistorical
Altamente citadoNo
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