Big Data Ethics
Puaschunder, J.M. (2019). Journal of Applied Research in the Digital Economy, 1, 55-75.
22 Pages Posted: 6 May 2019 Last revised: 19 May 2020
Date Written: April 13, 2019
Today enormous data storage capacities and computational power in the e-big data era have created unforeseen opportunities for big data hoarding corporations to reap hidden benefits from individual’s information sharing, which occurs bit by bit in small tranches over time. This paper presents underlying dignity and utility considerations when individual decision makers face the privacy versus information sharing predicament. Thereby the article unravels the legal foundations of dignity in privacy but also the behavioral economics of utility in communication and information sharing. From legal and governance perspectives, the outlined ideas may stimulate the e-privacy discourse in the age of digitalization but also serving the greater goals of democratisation of information and upheld humane dignity in the realm of e-ethics in the big data era.
Keywords: Behavioral Economics, Behavioral Political Economy, Democratisation of Information, Dignity, Education, Exchange Value, Governance, Preferences, Social Media, Utility, Values
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