NDLI: Electronic Markets for Private Information: Economic and Security Considerations

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Electronic Markets for Private Information: Economic and Security Considerations

Content Provider	IEEE Xplore Digital Library
Author	Gopal, R. Garfinkel, R. Nunez, M. Rice, D.
Copyright Year	2006
Description	Author affiliation: University of Connecticut (Gopal, R.)
Abstract	Technological advances in the collection, storage and analysis of data have increased the ease with which businesses can make profitable use of information about individuals. Some of this information is private and individuals are simultaneously becoming more aware of its value and concerned about losing control of it. As a partial solution to these concerns a model is presented that serves two purposes. The first is to enable the use of private data in the answering of queries while simultaneously protecting the owners of the data from loss of privacy. The second is to develop a compensation model for the use of the data that allows individuals to dynamically redefine their security requirements. This compensation model is built on a model for information security and forms the foundation of a market for private information. Several information security techniques and their suitability for inclusion in the compensation model are discussed. Compensation models like the one presented here could be used in a self-regulating market for private information. Finally, the compensation component of an intermediated market for private information is developed and extensively analyzed. We provide insights and draw several important conclusions on markets for private information.
File Size	181103
File Format	PDF
ISBN	0769525075
ISSN	15301605
DOI	10.1109/HICSS.2006.145
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2006-01-04
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Consumer electronics Information security Pricing Privacy Data security Information analysis Transaction databases Educational institutions Data analysis Protection
Content Type	Text
Resource Type	Article

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