2021
DOI: 10.5089/9781513599427.006
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Toward a Global Approach to Data in the Digital Age

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Cited by 6 publications
(2 citation statements)
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“…BigTechs, in particular, appear poised to expand upon their already vast trove of knowledge about their customers and to develop payment ecosystems that enhance the network effects of their platforms. Such developments can bring both unique opportunities and risks to consumers and borrowers, and policy institutions are actively grappling with the extent to which they should step in and regulate (Haksar et al, 2021). This paper builds a framework to analyze how private and social optima diverge when a monopolist offers privacy-valuing households a digital payment system that collects data on their habits but can help them signal their creditworthiness to lenders.…”
Section: Discussionmentioning
confidence: 99%
“…BigTechs, in particular, appear poised to expand upon their already vast trove of knowledge about their customers and to develop payment ecosystems that enhance the network effects of their platforms. Such developments can bring both unique opportunities and risks to consumers and borrowers, and policy institutions are actively grappling with the extent to which they should step in and regulate (Haksar et al, 2021). This paper builds a framework to analyze how private and social optima diverge when a monopolist offers privacy-valuing households a digital payment system that collects data on their habits but can help them signal their creditworthiness to lenders.…”
Section: Discussionmentioning
confidence: 99%
“…Mr Reuven Eidelman (Head of Legal Department, Privacy Protection Authority of Israel) explained that Israel in November 2021 enacted legislation regarding open banking, called "Account Information Service Law" (Government of Israel, 2021 [30]). The law came into force in June 2022.…”
Section: Privacy Issues In Israel's Open Banking Legislationmentioning
confidence: 99%