The perils of privacy regulation

被引:9
作者
Fuller C.S. [1 ]
机构
[1] Department of Economics, George Mason University, Mason Hall, 1st Floor, MSN 3G4, Fairfax, 22030, VA
关键词
Economics of digital privacy; Market process; Regulation;
D O I
10.1007/s11138-016-0345-0
中图分类号
学科分类号
摘要
Advocates of digital privacy law believe it is necessary to correct failures in the market for digital privacy. Though legislators allegedly craft digital privacy regulation to protect consumers, some advocates have understated the dangers that digital privacy law may engender. This paper provides evidence for Kirzner’s “perils of regulation” in the digital privacy arena. The regulatory process fails to simulate the market process, stifles entrepreneurial discovery, and creates opportunities for superfluous discovery. My research suggests that policy-makers should consider a more holistic accounting of the costs before imposing additional digital privacy regulation. © 2016, Springer Science+Business Media New York.
引用
收藏
页码:193 / 214
页数:21
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