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Economic Models of Using Personal Information as an Economic Resource

DOI: 10.4236/oalib.1113751, PP. 1-7

Subject Areas: Development Economics

Keywords: Personal Privacy, Game Theory, Nash Equilibrium

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Abstract

The balance between individuals’ interest in protecting their private information and the interests of other entities (other individuals, confidants, Internet companies, corporations, and government agencies) has been disrupted in the age of ICTs [1]. To find new points of balance, I suggest the use of game theory models, which I will now describe in two models.

Cite this paper

Oppenheim, Y. (2025). Economic Models of Using Personal Information as an Economic Resource. Open Access Library Journal, 12, e3751. doi: http://dx.doi.org/10.4236/oalib.1113751.

References

[1]  Oppenheim, Y. (2024) Personal Privacy in the Age of the Internet. Spines, 122-135.
[2]  Rajbhandari, L. and Snekkenes, E.A. (2011) Using Game Theo-ry to Analyze Risk to Privacy: An Initial Insight. In: Fischer-Hübner, S., Du-quenoy, P., Hansen, M., Leenes, R. and Zhang, G., Eds., Privacy and Identity Management for Life, Springer, 41-51. https://doi.org/10.1007/978-3-642-20769-3_4
[3]  Gottlieb, C.C. (1996) Privacy: A Concept Whose Time Has Come and Gone. In: Lyon, D. and Comput-er, E.Z., Eds., Surveillance, and Privacy, University of Minnesota Press, 156.
[4]  Shilov, I., Le Cadre, H. and Busic, A. (2021) Privacy Impact on Gen-eralized Nash Equilibrium in Peer-to-Peer Electricity Market. Operations Re-search Letters, 49, 759-766. https://doi.org/10.1016/j.orl.2021.08.001
[5]  Maschler, M., Solan, E. and Zamir, S. (2013) Game Theory. Cambridge University Press. https://doi.org/10.1017/cbo9780511794216
[6]  Ananthakrishnan, N., Ding, T., Werner, M., Karimireddy, S.P. and Jordan, M.I. (2024) Privacy Can Arise Endogenously in an Economic System with Learning Agents. arXiv: 2404.10767. https://doi.org/10.48550/arXiv.2404.10767

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