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Forbes reports on a working paper that considers “a market where firms set prices and disclosure levels for consumer information, and consumers observe both before deciding which firm to patronize and how much personal information to provide.” The paper, “Competing with Privacy,” by Roman Casadesus-Masanell and Andres Hervas-Drane of Harvard, looks at how the disclosure of personal information affects economic competition. Meanwhile, compliance officials say “the entire technology industry is struggling to keep up” with the relationship between technology and privacy. (Registration may be required to access this story.)
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