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SUMMARY:The Economics of Privacy (remote presentation) - Alessandro Acquis
 ti (Carnegie Mellon University)
DTSTART:20161028T123000Z
DTEND:20161028T133000Z
UID:TALK68657@talks.cam.ac.uk
CONTACT:INI IT
DESCRIPTION:In the policy and scholarly debate over privacy\, the protecti
 on of personal information is often set against the benefits society is ex
 pected to gain from large scale analytics applied to individual data. An i
 mplicit assumption underlays the contrast between privacy and &#39\;big da
 ta&#39\;: economic research is assumed to univocally predict that the incr
 easing collection and analysis of personal data will be an economic win-wi
 n for data holders and data subjects alike - some sort of unalloyed public
  good. Using a recently published review of the economic literature on pri
 vacy\, I will work from within traditional economic frameworks to investig
 ate this notion. In so doing\, I will highlight how results from economic 
 research on data sharing and data protection actually paint a nuanced pict
 ure of the economic benefits and costs of privacy.
LOCATION:Seminar Room 1\, Newton Institute
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