This chapter reviews economic analyses of privacy. We begin by scrutinizing the" free market"
critique of privacy regulation. Welfare may be non-monotone in the quantity of information, …

Following several accidents, designers have paid greater attention to nuclear power plant
safety. The passive containment cooling system (PCCS) was first used in third-generation …

We examine how corporate culture influences firm behavior. Prior research suggests a link
between individual religiosity and risk aversion. We find that this relationship also influences …

This paper reports the results of an exploratory field experiment in Singapore that assessed
the values of two types of privacy assurance: privacy statements and privacy seals. We …

The advent of the Internet has made the transmission of personally identifiable information
more common and often unintended by the user. As personal information becomes more …

We argue that a firm's suppliers and customers prefer it to account more conservatively due
to information asymmetry and these stakeholders' asymmetric payoffs with respect to the …

Ranking documents using Large Language Models (LLMs) by directly feeding the query
and candidate documents into the prompt is an interesting and practical problem. However, …

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 …

In this paper, we demonstrate that information retrieval can be accomplished with a single
Transformer, in which all information about the corpus is encoded in the parameters of the …

Concern over information privacy is widespread and rising. However, prior research is silent
about the value of information privacy and the benefit of privacy protection. We conducted a …