Download or read book Privacy Risk and Competitive Data Protection Investment with Behavior Based Pricing written by Weining Bao and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores firms' incentives to invest in data protection to mitigate the risk of compromising consumer privacy, in the context of duopoly competition with behavior-based pricing. We highlight the unique nature of privacy protection as a product characteristic, which distinguishes a firm's investment in privacy protection from standard improvement in product quality. The analysis uncovers an inverted U-shaped relationship between firms' provision of data protection and privacy leak risk. We show that firms can be worse-off with a decrease in the privacy leak risk. Our analysis of consumer welfare suggests a free-market solution to consumer privacy protection if the privacy leak risk is low and supports privacy regulations otherwise. An important policy implication is that a moderate regulatory effort to improve consumer privacy protection may backfire and reduce consumer welfare in markets with a high risk of privacy leaks. In the extensions, we show that increase in consumer loyalty or growth of consumer demand may result in reduced investment in firms' data protection. Therefore, policymakers aiming at enhancing consumer privacy protection should watch closely in such situations.
Download or read book Economics of Information Security and Privacy written by Tyler Moore and published by Springer. This book was released on 2014-10-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: and Overview.- The Price of Uncertainty in Security Games.- Nobody Sells Gold for the Price of Silver: Dishonesty, Uncertainty and the UndergroundEconomy.- Security Economics and Critical National Infrastructure.- Internet Multi-Homing Problems: Explanations from Economics.- Modeling the Security Ecosystem - The Dynamics of (In)Security.- Modeling the Economic Incentives of DDoS Attacks: Femtocell Case Study.- The Privacy Jungle: On the Market for Data Protection in Social Networks.- The Policy Maker's Anguish: Regulating Personal Data Behavior Between Paradoxes and Dilemmas.- Valuating Privacy with Option Pricing Theory.- Optimal Timing of Information Security Investment: A Real Options Approach.- Competitive Cyber-Insurance and Internet Security.- Potential Rating Indicators for Cyberinsurance: An Exploratory Qualitative Study.- The Risk of Risk Analysis And its Relation to the Economics of Insider Threats.- Competition, Speculative Risks, and IT Security Outsourcing
Download or read book Economics of Information Security and Privacy written by Tyler Moore and published by Springer Science & Business Media. This book was released on 2010-07-20 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Workshop on the Economics of Information Security (WEIS) is the leading forum for interdisciplinary research and scholarship on information security and privacy, combining ideas, techniques, and expertise from the fields of economics, social science, business, law, policy, and computer science. In 2009, WEIS was held in London, at UCL, a constituent college of the University of London. Economics of Information Security and Privacy includes chapters presented at WEIS 2009, having been carefully reviewed by a program committee composed of leading researchers. Topics covered include identity theft, modeling uncertainty's effects, future directions in the economics of information security, economics of privacy, options, misaligned incentives in systems, cyber-insurance, and modeling security dynamics. Economics of Information Security and Privacy is designed for managers, policy makers, and researchers working in the related fields of economics of information security. Advanced-level students focusing on computer science, business management and economics will find this book valuable as a reference.
Download or read book Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance written by El Bachir Boukherouaa and published by International Monetary Fund. This book was released on 2021-10-22 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Download or read book The Economics and Implications of Data written by Mr.Yan Carriere-Swallow and published by International Monetary Fund. This book was released on 2019-09-23 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This SPR Departmental Paper will provide policymakers with a framework for studying changes to national data policy frameworks.
Download or read book The Economics of Justice written by Richard A. Posner and published by Harvard University Press. This book was released on 1983-08-16 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Posner uses economic analysis to probe justice and efficiency, primitive law, privacy, and the constitutional regulation of racial discrimination.
Download or read book Digital and Social Media Marketing written by Nripendra P. Rana and published by Springer Nature. This book was released on 2019-11-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines issues and implications of digital and social media marketing for emerging markets. These markets necessitate substantial adaptations of developed theories and approaches employed in the Western world. The book investigates problems specific to emerging markets, while identifying new theoretical constructs and practical applications of digital marketing. It addresses topics such as electronic word of mouth (eWOM), demographic differences in digital marketing, mobile marketing, search engine advertising, among others. A radical increase in both temporal and geographical reach is empowering consumers to exert influence on brands, products, and services. Information and Communication Technologies (ICTs) and digital media are having a significant impact on the way people communicate and fulfil their socio-economic, emotional and material needs. These technologies are also being harnessed by businesses for various purposes including distribution and selling of goods, retailing of consumer services, customer relationship management, and influencing consumer behaviour by employing digital marketing practices. This book considers this, as it examines the practice and research related to digital and social media marketing.
Download or read book Responsible Investing written by Matthew W. Sherwood and published by Taylor & Francis. This book was released on 2023-05-15 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Responsible Investing serves as a holistic resource on Environmental, Social, and Governance (ESG) investing for undergraduate and graduate programs. It provides a thorough background and history of ESG investing, as well as cutting-edge industry developments, introducing the reader to the rapidly evolving field of responsible investing. Building on the first edition, this second edition provides updates where appropriate, as well as new emphasis on the development of standards in terminology and metrics. Opening with the background of ESG investing, the book discusses the development of ESG risks and provides an overview of ESG rating systems. It outlines the current position of ESG investing in portfolio management through granular analysis, offers insight into common investor concerns about ESG investments, presents qualitative theories, and reviews literature modeling ESG investment performance. Finally, the authors provide readers with a foundation on the development of financial models measuring risk and return, which can be used to evaluate the performance of ESG investments. This edition features updated statistics and a new chapter on regulation, reporting, and taxonomy in ESG investing, as well as new international case studies. Following a summary approach, Responsible Investing is a valuable textbook, providing a context in which upper-level students of ESG investment and sustainable finance can specialize.
Download or read book Data Matters written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-01-28 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an increasingly interconnected world, perhaps it should come as no surprise that international collaboration in science and technology research is growing at a remarkable rate. As science and technology capabilities grow around the world, U.S.-based organizations are finding that international collaborations and partnerships provide unique opportunities to enhance research and training. International research agreements can serve many purposes, but data are always involved in these collaborations. The kinds of data in play within international research agreements varies widely and may range from financial and consumer data, to Earth and space data, to population behavior and health data, to specific project-generated dataâ€"this is just a narrow set of examples of research data but illustrates the breadth of possibilities. The uses of these data are various and require accounting for the effects of data access, use, and sharing on many different parties. Cultural, legal, policy, and technical concerns are also important determinants of what can be done in the realms of maintaining privacy, confidentiality, and security, and ethics is a lens through which the issues of data, data sharing, and research agreements can be viewed as well. A workshop held on March 14-16, 2018, in Washington, DC explored the changing opportunities and risks of data management and use across disciplinary domains. The third workshop in a series, participants gathered to examine advisory principles for consideration when developing international research agreements, in the pursuit of highlighting promising practices for sustaining and enabling international research collaborations at the highest ethical level possible. The intent of the workshop was to explore, through an ethical lens, the changing opportunities and risks associated with data management and use across disciplinary domainsâ€"all within the context of international research agreements. This publication summarizes the presentations and discussions from the workshop.
Download or read book Digital Privacy written by Alessandro Acquisti and published by CRC Press. This book was released on 2007-12-22 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: During recent years, a continuously increasing amount of personal data has been made available through different websites around the world. Although the availability of personal information has created several advantages, it can be easily misused and may lead to violations of privacy. With growing interest in this area, Digital Privacy: Theory, Technologies, and Practices addresses this timely issue, providing information on state-of-the-art technologies, best practices, and research results, as well as legal, regulatory, and ethical issues. This book features contributions from experts in academia, industry, and government.
Download or read book Behavioral Finance in the Digital Era written by Elżbieta Kubińska and published by Taylor & Francis. This book was released on 2024-01-03 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to swift technological change and the resultant digital revolution, a wide range of new digital financial products and services have emerged in the financial markets, as witnessed in the context of the FinTech sector, the economics of blockchain and NFT issuance. This book takes an in-depth look at the challenges faced by individuals making investment decisions in a rapidly changing financial world and presents a concise and thorough overview of the multifaceted approach to investment and savings behavior. It explores behavioral digital finance, referencing the latest theories in economic psychology and financial markets and provides an analysis of the process of saving and investing in the context of our new digital reality, where an understanding of human – AI interaction, its benefits and threats is extremely important. It combines an accessible overview of classical and new behavioral theories, models of financial decision making as well as an analysis of the new trends in financial decision making. Special attention is given to financial decision support systems and the role of financial advice services, which are of growing importance, due to their increasing complexity and difficulty. The book combines theoretical considerations and wide-reaching empirical analyses from a representative sample of international respondents. It deals with the individual approach to human risk-taking, and human – AI interaction, its benefits, and threats. The book explores how people react to algorithms, what drives algorithm aversion and appreciation, and how understanding of those mechanisms can be employed to improve financial advisory systems, and also considers the impact of the Covid-19 pandemic on financial behavior.
Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Download or read book Computers at Risk written by National Research Council and published by National Academies Press. This book was released on 1990-02-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Computers at Risk presents a comprehensive agenda for developing nationwide policies and practices for computer security. Specific recommendations are provided for industry and for government agencies engaged in computer security activities. The volume also outlines problems and opportunities in computer security research, recommends ways to improve the research infrastructure, and suggests topics for investigators. The book explores the diversity of the field, the need to engineer countermeasures based on speculation of what experts think computer attackers may do next, why the technology community has failed to respond to the need for enhanced security systems, how innovators could be encouraged to bring more options to the marketplace, and balancing the importance of security against the right of privacy.
Download or read book Basic Knowledge on FinTech written by TABF Editorial Board and published by Hyweb Technology Co. Ltd.. This book was released on 2020-04-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the field of FinTech continues its progress, financial institutions must not only enhance their digitization, but also make serious efforts to understand the resulting new opportunities it creates. In line with these developments, TABF has published the book Basic knowledge on FinTech, which was designed by us as a reference for the FinTech Knowledge Test. Co-authored by TABF staff and other experts, it features balanced and credible analysis, avoiding trivia and overly complex concepts while emphasizing readability. The content structure is based on the World Economic Forum (WEF)'s roadmap for FinTech development, adding in TABF's research findings plus other domestic and international trends and practices. Not only is Basic knowledge on FinTech suitable for financial proficiency testing, but it can also be used as a textbook in university courses, supplementing theoretical knowledge with up-to-date practical knowledge in this rapidly changing field.
Download or read book Data Protection and Privacy Volume 14 written by Dara Hallinan and published by Bloomsbury Publishing. This book was released on 2021-12-16 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together papers that offer conceptual analyses, highlight issues, propose solutions, and discuss practices regarding privacy, data protection and enforcing rights in a changing world. It is one of the results of the 14th annual International Conference on Computers, Privacy and Data Protection (CPDP), which took place online in January 2021. The pandemic has produced deep and ongoing changes in how, when, why, and the media through which, we interact. Many of these changes correspond to new approaches in the collection and use of our data - new in terms of scale, form, and purpose. This raises difficult questions as to which rights we have, and should have, in relation to such novel forms of data processing, the degree to which these rights should be balanced against other poignant social interests, and how these rights should be enforced in light of the fluidity and uncertainty of circumstances. The book covers a range of topics, such as: digital sovereignty; art and algorithmic accountability; multistakeholderism in the Brazilian General Data Protection law; expectations of privacy and the European Court of Human Rights; the function of explanations; DPIAs and smart cities; and of course, EU data protection law and the pandemic – including chapters on scientific research and on the EU Digital COVID Certificate framework. This interdisciplinary book has been written at a time when the scale and impact of data processing on society – on individuals as well as on social systems – is becoming ever starker. It discusses open issues as well as daring and prospective approaches and is an insightful resource for readers with an interest in computers, privacy and data protection.
Download or read book Digital Consumer Management written by Emmanuel Mogaji and published by Taylor & Francis. This book was released on 2023-10-31 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integrating consumer behaviour, digital marketing, digital platform management, web analytics, and marketing insights, Digital Consumer Management provides a holistic understanding—from a brand perspective—of the management of consumers and consumption in the digital ecosystem. Chapters explore the key stakeholders in platform management, the multiple types of platforms used by brands, the various consumer-brand touchpoints, how the platforms are developed and with what goals in mind, managing consumer engagement and activities on these platforms, how the platforms are regulated, and the dark side of digital consumption. Theory is brought to life by practical examples and case studies from across sectors, and reflective questions and activities allow students to critically reflect on their learning. Providing a comprehensive picture of digital consumption activities, digital consumer behaviour across platforms, and how brands can manage and engage with the digital consumer, this text works as core and recommended reading for students studying digital consumer behaviour, digital marketing, and marketing management. Accompanying online resources include PowerPoint slides and an instructor’s manual.
Download or read book Computer Communication Networking and Internet Security written by Suresh Chandra Satapathy and published by Springer. This book was released on 2017-05-02 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is a compilation of high-quality scientific papers presented at the 3rd International Conference on Computer & Communication Technologies (IC3T 2016). The individual papers address cutting-edge technologies and applications of soft computing, artificial intelligence and communication. In addition, a variety of further topics are discussed, which include data mining, machine intelligence, fuzzy computing, sensor networks, signal and image processing, human-computer interaction, web intelligence, etc. As such, it offers readers a valuable and unique resource.
