It is increasingly observable that competitors in different industries share customer data, which can be used for targeted pricing. We propose a modified Hotelling model with two-dimensional consumer heterogeneity to analyze the incentives for such sharing and its ensuing welfare effects. We...

Information asymmetries can severely limit cross-border border expansion of banks. When a bank enters a new market, it has incomplete information about potential new clients. Such asymmetries are reduced by credit registers, which distribute financial data on bank clients. We investigate the...

Das digitale Wirtschafsleben ist geprägt von der nahezu täglichen Angabe persönlicher Informationen zu verschiedenen Zwecken. Die Entlohnung dafür findet auf unterschiedliche Weisen statt: durch Preisreduktion, Produkt-Personalisierung oder scheinbar freie Nutzung von Dienstleistungen im...

Die Europäische Kommission unterstützt die Entwicklung und Nutzung von Datenschutz-Gütesiegeln. Diese sollen die Konformität von Produkten und Dienstleistungen mit Datenschutzregeln zertifizieren und Verbrauchern Produktauswahl und -vergleiche erleichtern. In Deutschland plant die...

This document is an overview of the state-of-the-art in the economics of Privacy and Cyber-security (PACS). It is the Deliverable D4.1 under the FP7-financed project “Innovation Framework for Privacy and Cyber-security Market Opportunities.” This is the most comprehensive overview on the...

Deliverable 4.2 (“Horizontal and Vertical Analysis of Privacy and Cyber-Security Markets”) provides an in-depth discussion of economic incentives, stakeholder engagement and market opportunities in privacy and cyber-security. This report first introduces the reader to the horizontal market...

This document is an IPACSO service document for the European Commission. It’s main purpose is to outline the contribution and integration of work package 4 into the IPACSO framework. Moreover, it explains stakeholder engagement and the economic incentivization techniques for enabling the...

With the large-scale deployment of Information and Communication Technologies markets for products and services related to personal data and privacy are thriving. Yet, to date, there has been little effort to systematically map these markets. In this IPACSO White Paper, a methodology is proposed...

One of the most popular questions in information security economics is whether there are any special features relating to privacy and cyber-security products and services that separate these from traditional goods, like apples or cars. This paper is a contribution to this discussion. First,...