Arbeitspapier
International Protection of Consumer Data
We study the international protection of consumer data in a model where data usage benefits firms at the expense of their customers. We show that a multinational firm does not balance this trade-off efficiently if its data usage lacks (full) transparency or if consumers’ privacy preference differs across countries. Unilateral data regulation by each country addresses the moral-hazard problem associated with opacity, but may nevertheless reduce global welfare due to cross-country externalities that distort output and data usage. The regulations may also cause excessive investment in data localization, even though localization mitigates the externalities. Our findings highlight the need for international coordination. though not necessarily uniformity. on regulations about data usage and protection.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 8391
- Klassifikation
-
Wirtschaft
Information and Product Quality; Standardization and Compatibility
Information and Internet Services; Computer Software
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- Thema
-
consumer data
data usage
privacy
multinational firm
regulation
data localization
international coordination
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Chen, Yongmin
Hua, Xinyu
Maskus, Keith E.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and Ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Chen, Yongmin
- Hua, Xinyu
- Maskus, Keith E.
- Center for Economic Studies and Ifo Institute (CESifo)
Entstanden
- 2020
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