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The Ownership of Data.

Authors :
Dosis, Anastasios
Sand-Zantman, Wilfried
Source :
Journal of Law, Economics & Organization; Nov2023, Vol. 39 Issue 3, p615-641, 27p
Publication Year :
2023

Abstract

We study the effects of property rights over the use of data on market outcomes. To do so, we consider a model in which a monopolistic firm offers a service to a set of heterogeneous users. The use of the service generates valuable data, but data monetization entails a privacy cost for users. A trade-off emerges between under-processing and over-monetization of data. We show that both the firm and users prefer the users (the firm) to own the rights for low (high) values of data. We further discuss the robustness of our results when allowing more possible contracts for the data owner and show that the main trade-off is robust to these extensions. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
87566222
Volume :
39
Issue :
3
Database :
Complementary Index
Journal :
Journal of Law, Economics & Organization
Publication Type :
Academic Journal
Accession number :
173085770
Full Text :
https://doi.org/10.1093/jleo/ewac001