The Challenges of Personal Data Markets and Privacy

Electronic Markets, 25(2), 161--167, 2015 http://doi.org/10.1007/s12525-015-0191-0

Posted: 6 Jan 2019 Last revised: 9 Nov 2021

See all articles by Sarah Spiekermann

Sarah Spiekermann

Vienna University of Economics and Business

Alessandro Acquisti

Carnegie Mellon University - H. John Heinz III School of Public Policy and Management

Rainer Böhme

University of Innsbruck; University of Münster - Department of Information Systems; Massachusetts Institute of Technology (MIT) - MIT Media Laboratory; ICSI Berkeley; TU Dresden

Kai-Lung Hui

Hong Kong University of Science and Technology - School of Business and Management

Date Written: 2015

Abstract

Personal data is increasingly conceived as a tradable asset. Markets for personal information are emerging and new ways of valuating individuals’ data are being proposed. At the same time, legal obligations over protection of personal data and individuals’ concerns over its privacy persist. This article outlines some of the economic, technical, social, and ethical issues associated with personal data markets, focusing on the privacy challenges they raise.

Keywords: Privacy, Data protection, Personal data markets, Internet economics, Big data

Suggested Citation

Spiekermann, Sarah and Acquisti, Alessandro and Böhme, Rainer and Hui, Kai-Lung, The Challenges of Personal Data Markets and Privacy (2015). Electronic Markets, 25(2), 161--167, 2015 http://doi.org/10.1007/s12525-015-0191-0, Available at SSRN: https://ssrn.com/abstract=3305307

Sarah Spiekermann

Vienna University of Economics and Business ( email )

Welthandelsplatz 1
Vienna, Wien 1020
Austria

Alessandro Acquisti (Contact Author)

Carnegie Mellon University - H. John Heinz III School of Public Policy and Management ( email )

Pittsburgh, PA 15213-3890
United States
412-268-9853 (Phone)
412-268-5339 (Fax)

Rainer Böhme

University of Innsbruck ( email )

Technikerstraße 21A
Innsbruck, Innsbruck 6020
Austria

HOME PAGE: http://informationsecurity.uibk.ac.at/people/rainer-boehme/

University of Münster - Department of Information Systems ( email )

Leonardo-Campus 3
Muenster, NRW D-48143
Germany

HOME PAGE: http://www.wi.uni-muenster.de/security/

Massachusetts Institute of Technology (MIT) - MIT Media Laboratory ( email )

20 Ames St.
Cambridge, MA 02139-4307
United States

ICSI Berkeley ( email )

1947 Center Street, Ste. 600
Berkeley, CA 94704
United States

TU Dresden ( email )

Dresden, 01062
Germany

Kai-Lung Hui

Hong Kong University of Science and Technology - School of Business and Management ( email )

Clear Water Bay
Kowloon
Hong Kong

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