The Economics of Privacy

@article{Acquisti2016TheEO,
  title={The Economics of Privacy},
  author={Alessandro Acquisti and Curtis R. Taylor and Liad Wagman},
  journal={Information Privacy Law eJournal},
  year={2016}
}
This article summarizes and draws connections among diverse streams of theoretical and empirical research on the economics of privacy. We focus on the economic value and consequences of protecting and disclosing personal information, and on consumers' understanding and decisions regarding the trade-offs associated with the privacy and the sharing of personal data. We highlight how the economic analysis of privacy evolved over time, as advancements in information technology raised increasingly… 
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