• DOI:10.2139/ssrn.252760
Corpus ID: 17693966

A Theory of Transactions Privacy

@article{Kahn2000ATO,
  title={A Theory of Transactions Privacy},
  author={C. Kahn and J. McAndrews and W. Roberds},
  journal={Banking & Financial Institutions},
  year={2000}
}

C. Kahn, J. McAndrews, W. Roberds

Published 2000

Computer Science

Banking & Financial Institutions

In this paper, we consider the costs and benefits of transactions privacy. In the environment we consider, privacy is the concealment of potentially useful information, but concealment also potentially bestows benefits. In some versions of the environment, the standard Coasian logic applies: given an unambiguous initial assignment of rights and sufficient flexibility in contracting, efficiency in information revelation will result. Coasian bargaining may be impeded, however, by either an… CONTINUE READING

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