|Title||The Paradoxical Value of Privacy|
|Publication Type||Conference Paper|
|Year of Publication||2003|
|Conference Name||2nd Annual Workshop on Economics and Information Security (WEIS 2003)|
|Conference Location||College Park, Maryland|
We consider some common assumptions about the value placed on privacy in society. We observe that: *Contrary to popular accounts, individuals are not obviously irrational in how they value privacy. *Current governmental and economic structures do not properly place the cost of privacy, thus skewing incentives and behavior. *Security of institutions may decrease and infrastructure costs may be increased by a reduction in privacy.
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