Abstract
The purpose of this study has been to apply standard economic reasoning to the question of whether to impose new regulation on the commercial market for personal information. We have found that the commercial market for information appears to be working well and responding to consumers’ concerns. Despite perceptions to the contrary, there is a striking lack of evidence of consumer harm from privacy violations associated with the commercial use of information for advertising and marketing purposes. We have found no evidence of market failure that would justify the adoption of new regulations in this area. Because there is no evidence of consumer harm, there is no reason to expect regulation to produce any benefits.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2002 Springer Science+Business Media New York
About this chapter
Cite this chapter
Rubin, P.H., Lenard, T.M. (2002). Conclusion. In: Privacy and the Commercial Use of Personal Information. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1719-1_7
Download citation
DOI: https://doi.org/10.1007/978-1-4615-1719-1_7
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-5694-3
Online ISBN: 978-1-4615-1719-1
eBook Packages: Springer Book Archive