Arbeitspapier
Dynamic privacy choices
I study a dynamic model of consumer privacy and platform data collection. In each period, consumers choose their level of platform activity. Greater activity generates more information about the consumer, thereby increasing platform profits. When the platform can commit to the future privacy policy, it collects information by committing to gradually decrease the level of privacy protection. In the long run, consumers lose privacy and receive low payoffs but choose high activity levels. In contrast, the platform with weaker commitment power may attain the commitment outcome or fail to collect any data, depending on consumer expectations regarding future privacy protection.
- Language
-
Englisch
- Bibliographic citation
-
Series: Bank of Canada Staff Working Paper ; No. 2022-8
- Classification
-
Wirtschaft
Asymmetric and Private Information; Mechanism Design
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Subject
-
Economic models
- Event
-
Geistige Schöpfung
- (who)
-
Ichihashi, Shota
- Event
-
Veröffentlichung
- (who)
-
Bank of Canada
- (where)
-
Ottawa
- (when)
-
2022
- DOI
-
doi:10.34989/swp-2022-8
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ichihashi, Shota
- Bank of Canada
Time of origin
- 2022
Other Objects (12)
An empirical analysis of bill payment choices
Online privacy and information disclosure by consumers
A new linear estimator for Gaussian dynamic term structure models
Optimal estimation of multi-country Gaussian dynamic term structure models using linear regressions
Privacy as a public good: A case for electronic cash
Dynamic competition in negotiated price markets
Heterogeneity in the Dynamic Effects of Uncertainty on Investment
A dynamic factor model for nowcasting Canadian GDP growth
An international dynamic term structure model with economic restrictions and unspanned risks
The carry trade, portfolio diversification, and the adjustment of the Japanese yen
Exchange rate regimes, globalisation, and the cost of capital in emerging markets
Jump-diffusion long-run risks models, variance risk premium and volatility dynamics
An empirical analysis of bill payment choices
Online privacy and information disclosure by consumers
A new linear estimator for Gaussian dynamic term structure models
Optimal estimation of multi-country Gaussian dynamic term structure models using linear regressions
Privacy as a public good: A case for electronic cash
Dynamic competition in negotiated price markets
Heterogeneity in the Dynamic Effects of Uncertainty on Investment
A dynamic factor model for nowcasting Canadian GDP growth
An international dynamic term structure model with economic restrictions and unspanned risks
The carry trade, portfolio diversification, and the adjustment of the Japanese yen
Exchange rate regimes, globalisation, and the cost of capital in emerging markets
Jump-diffusion long-run risks models, variance risk premium and volatility dynamics
An empirical analysis of bill payment choices
Online privacy and information disclosure by consumers
A new linear estimator for Gaussian dynamic term structure models
Optimal estimation of multi-country Gaussian dynamic term structure models using linear regressions
Privacy as a public good: A case for electronic cash
Dynamic competition in negotiated price markets
Heterogeneity in the Dynamic Effects of Uncertainty on Investment
A dynamic factor model for nowcasting Canadian GDP growth
An international dynamic term structure model with economic restrictions and unspanned risks
The carry trade, portfolio diversification, and the adjustment of the Japanese yen
Exchange rate regimes, globalisation, and the cost of capital in emerging markets