IDEAS home Printed from https://ideas.repec.org/p/zbw/mlucee/20153.html
   My bibliography  Save this paper

Privacy and Big Data: The need for a multi-stakeholder approach for developing an appropriate privacy regulation in the age of Big Data

Author

Listed:
  • Will, Matthias Georg

Abstract

This paper presents a multi-stakeholder approach for developing an appropriate privacy regulation in the age of big data. We develop our argument in five steps, starting (1) with a review of the current academic debate on privacy regulation. We analyze a dysfunctional mutual excludability between the suggestions of the supporters of a regulation orchestrated by governments, and the supporters of internet self-regulation. (2) To over-come this conflict, we argue that the framework for developing an appropriate privacy regulation should not only focus on formal and procedural aspects (e.g., who might develop and implement it) but should also include some important substantial aspects to protect users and promote socially beneficial big data applications. (3) After examining substantive aspects of a functional privacy regulation, we examine how the process leading to an appropriate regulation might be organized. In addition, we discuss how an organization might be designed to conduct this process. In our argument, stakeholder dialogues and an independent “privacy organization” are relevant parameters. (4) We discuss the potential structure of a privacy organization that might conduct multi-stakeholder-dialogues as a preliminary step. This organization could then govern and monitor the implementation of a privacy regulation that was defined by the stakeholder dialogues. (5) Finally, we discuss our findings and suggestions.

Suggested Citation

  • Will, Matthias Georg, 2015. "Privacy and Big Data: The need for a multi-stakeholder approach for developing an appropriate privacy regulation in the age of Big Data," Discussion Papers 2015-3, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
  • Handle: RePEc:zbw:mlucee:20153
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/170436/1/dp2015-03.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Pies, Ingo, 2012. "Terminmarktgeschäfte erfüllen eine wichtige Versicherungsfunktion: Ein Interview zur Finanzspekulation mit Agrarrohstoffen," Discussion Papers 2012-28, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. Guido Palazzo & Andreas Scherer, 2006. "Corporate Legitimacy as Deliberation: A Communicative Framework," Journal of Business Ethics, Springer, vol. 66(1), pages 71-88, June.
    4. Hielscher, Stefan & Beckmann, Markus & Pies, Ingo, 2014. "Participation versus Consent: Should Corporations Be Run according to Democratic Principles?1," Business Ethics Quarterly, Cambridge University Press, vol. 24(4), pages 533-563, October.
    5. Pies, Ingo & Beckmann, Markus, 2009. "Whistle-Blowing heißt nicht: "verpfeifen" - Ordonomische Überlegungen zur Korruptionsprävention durch und in Unternehmen," Discussion Papers 2009-19, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    6. Pies, Ingo, 2009. "Gier und Größenwahn? - Zur Wirtschaftsethik der Wirtschaftskrise," Discussion Papers 2009-18, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sybille Sachs & Edwin Rühli & Claude Meier, 2010. "Stakeholder Governance as a Response to Wicked Issues," Journal of Business Ethics, Springer, vol. 96(1), pages 57-64, August.
    2. Michel Renault & Yvan Renou, 2007. "Processus d'individuation, éthique et pragmatisme. A la recherche de fondements théoriques pour appréhender la firme partenariale," Post-Print halshs-00202148, HAL.
    3. Andrew Johnston & Kenneth Amaeshi & Emmanuel Adegbite & Onyeka Osuji, 2021. "Corporate Social Responsibility as Obligated Internalisation of Social Costs," Journal of Business Ethics, Springer, vol. 170(1), pages 39-52, April.
    4. Anselm Schneider & Andreas Scherer, 2015. "Corporate Governance in a Risk Society," Journal of Business Ethics, Springer, vol. 126(2), pages 309-323, January.
    5. Pies, Ingo & Hielscher, Stefan, 2019. "Fighting corruption: How binding commitments of business firms can help to activate the self-regulating forces of competitive markets," Discussion Papers 2019-04, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    6. Will, Matthias Georg & Pies, Ingo, 2014. "Insiderhandel und die Regulierung der Kapitalmärkte: Ein Beitrag zur MiFID-Debatte," Discussion Papers 2014-7, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    7. Hielscher, Stefan & Winkin, Jan & Pies, Ingo, 2016. "NGO credibility as private or public good? A governance perspective on how to improve NGO advocacy in public discourse," Discussion Papers 2016-03, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    8. Vladislav Valentinov & Stefan Hielscher & Ingo Pies, 2016. "Emergence: A Systems Theory’s Challenge to Ethics," Systemic Practice and Action Research, Springer, vol. 29(6), pages 597-610, December.
    9. Persson, Torsten & Tabellini, Guido, 2002. "Political economics and public finance," Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 24, pages 1549-1659, Elsevier.
    10. Qiuyue Xia & Lu Li & Jie Dong & Bin Zhang, 2021. "Reduction Effect and Mechanism Analysis of Carbon Trading Policy on Carbon Emissions from Land Use," Sustainability, MDPI, vol. 13(17), pages 1-22, August.
    11. Frans P. Vries & Nick Hanley, 2016. "Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation: A Review," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 63(4), pages 687-702, April.
    12. Usher, Dan, 2001. "Personal goods, efficiency and the law," European Journal of Political Economy, Elsevier, vol. 17(4), pages 673-703, November.
    13. George Tridimas & Stanley L. Winer, 2018. "On the Definition and Nature of Fiscal Coercion," Carleton Economic Papers 18-09, Carleton University, Department of Economics.
    14. Mario Jametti & Thomas von Ungern-Sternberg, 2005. "Assessing the Efficiency of an Insurance Provider—A Measurement Error Approach," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 30(1), pages 15-34, June.
    15. Stephanie Rosenkranz & Patrick W. Schmitz, 2007. "Can Coasean Bargaining Justify Pigouvian Taxation?," Economica, London School of Economics and Political Science, vol. 74(296), pages 573-585, November.
    16. Stefan Ambec & Yann Kervinio, 2016. "Cooperative decision-making for the provision of a locally undesirable facility," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(1), pages 119-155, January.
    17. Liu, Duan & Yu, Nizhou & Wan, Hong, 2022. "Does water rights trading affect corporate investment? The role of resource allocation and risk mitigation channels," Economic Modelling, Elsevier, vol. 117(C).
    18. Valcu-Lisman, Adriana & Weninger, Quinn, 2012. "Markov-Perfect rent dissipation in rights-based fisheries," ISU General Staff Papers 201209260700001037, Iowa State University, Department of Economics.
    19. Hausknost, Daniel & Grima, Nelson & Singh, Simron Jit, 2017. "The political dimensions of Payments for Ecosystem Services (PES): Cascade or stairway?," Ecological Economics, Elsevier, vol. 131(C), pages 109-118.
    20. Kurtis Swope & Ryan Wielgus & Pamela Schmitt & John Cadigan, 2011. "Contracts, Behavior, and the Land-assembly Problem: An Experimental Study," Research in Experimental Economics, in: Experiments on Energy, the Environment, and Sustainability, pages 151-180, Emerald Group Publishing Limited.

    More about this item

    Keywords

    Big Data; Privacy; Regulation; Stakehoder Dialgues; Multi-Stakeholder Ap-proach; Transaction Costs; Property Rights; Big Data; Datenschutz; Regulierung; Stakeholder Dialoge; Mutli-Stake-holder Ansatz; Transaktionskosten; Eigentumsrechte;
    All these keywords.

    JEL classification:

    • K11 - Law and Economics - - Basic Areas of Law - - - Property Law
    • K19 - Law and Economics - - Basic Areas of Law - - - Other
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:mlucee:20153. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/wwhalde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.