International protection of consumer data

التفاصيل البيبلوغرافية
العنوان: International protection of consumer data
المؤلفون: Chen, Yongmin
المساهمون: Hua, Xinyu (VerfasserIn); Maskus, Keith E. (VerfasserIn)
المصدر: 2020
الناشر: Munich, Germany: CESifo, Center for Economic Studies & Ifo Institute
اللغة: English
نوع المنشور: Graue Literatur (Non-commercial literature)
نوع الوثيقة: Elektronische Ressource im Fernzugriff
Manifestation: Monographie [unabhängig ob Stück einer Reihe]
مستخلص: 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
رقم الأكسشن: EDSZBW1703214382
قاعدة البيانات: ECONIS