Individuals value privacy, socializing, and disclosing. These conflicting actions raise important issues for individuals and regulators. This session surveys the economic foundations of privacy relying on insights from economic theory and empirical evidence. How much do consumers value privacy? Do (or should) consumers unambiguously strive for stronger privacy protection? How have businesses reacted to consumer preferences for privacy?
Alessandro Acquisti
Professor of Information Technology and Public Policy, Heinz College, Carnegie Mellon University
Director of the CMU Privacy Economics Experiments (Peex) Lab
Co-director of the CMU Center for Behavioral and Decision Research (CBDR)
Dorothea Kübler
Director of the Research Unit Market Behavior, WZB Berlin Social Science Center
Professor of Economics, Technical University Berlin
Moderated by Dirk Engelmann (Professor of Public Finance, Humboldt-University Berlin)