Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1111030 | Procedia - Social and Behavioral Sciences | 2015 | 5 Pages |
Abstract
This paper analyses cases where data collectors adopt privacy enhancing technologies (PETs) for a data market, and investigates investment strategies for privacy protection technologies. This paper shows the firm has an incentive to invest in privacy enhancing technologies if consumers feel there is a psychological privacy cost. This paper also discusses firm's investment strategies on privacy, and shows that a firm will invest more on privacy protection as the influence of privacy awareness groups and privacy costs increase, and a firm will not invest in privacy protection when privacy breach probability is deemed to be low.
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