Skip to main content
Article
Cui bono from giving up or protecting privacy? A basic decision theoretic model
Journal of Information Assurance and Security (2011)
  • Philip Schütz, Fraunhofer Institute for Systems and Innovation Research
  • Michael Friedewald, Fraunhofer Institute for Systems and Innovation Research
Abstract

The economic perspective on privacy presented in this paper resorts to an actor-centred approach deploying a cost-benefit analysis for the data subject and the data controller. In the course of this analysis a basic decision theoretic model is presented. Whereas the data subject faces the choice of “disclosing” or “retaining” personal information, the data controller has to consider the costs and benefits of collecting, aggregating, storing and processing data as well as of potential privacy breaches.

Keywords
  • Privacy,
  • Economics
Publication Date
2011
Citation Information
Philip Schütz and Michael Friedewald. "Cui bono from giving up or protecting privacy? A basic decision theoretic model" Journal of Information Assurance and Security Vol. 6 Iss. 5 (2011)
Available at: http://works.bepress.com/michael_friedewald/51/