Is the market for digital privacy a failure?

@article{Fuller2019IsTM,
  title={Is the market for digital privacy a failure?},
  author={Caleb S. Fuller},
  journal={Public Choice},
  year={2019},
  volume={180},
  pages={353-381}
}
Conventional wisdom holds that the market for digital privacy fails owing to widespread informational asymmetry between digital firms and their customers, behavioral biases exhibited by those customers, and negative externalities from data resale. This paper supplies both theoretical and empirical reasons to question the standard market failure conclusion. On the theoretical side, I argue that digital markets are not qualitatively different from markets for other consumer goods. To wit, just as… Expand
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