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Privacy as a right or as a commodity in the online world: the limits of regulatory reform and self-regulation

Author

Listed:
  • Diana Walsh

    (New Jersey Institute of Technology)

  • James M. Parisi

    (Law Offices of Murphy McKeon, P.C.)

  • Katia Passerini

    (New Jersey Institute of Technology)

Abstract

The increased use of the internet and information technology to enable online transactions, distribute information and customer reviews through ecommerce and social networking sites, online advertising, and data mining is both creating efficiencies and challenging our privacy. This paper highlights the growing fear that current federal and state laws in the United States are not adequate to protect the privacy of the data collected while we process electronic transactions or browse the internet for information. The notion of efficiency and cost-benefit are used to justify a certain level of privacy loss, thus treating privacy as a commodity to be transacted rather than a right to be defended. To address developing concerns about personal privacy invasions, we discuss the role and limits that both government regulation and self-regulation play in protecting our privacy.

Suggested Citation

  • Diana Walsh & James M. Parisi & Katia Passerini, 2017. "Privacy as a right or as a commodity in the online world: the limits of regulatory reform and self-regulation," Electronic Commerce Research, Springer, vol. 17(2), pages 185-203, June.
    • Handle: RePEc:spr:elcore:v:17:y:2017:i:2:d:10.1007_s10660-015-9187-2
    DOI: 10.1007/s10660-015-9187-2
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    References listed on IDEAS

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    1. Laurence Ashworth & Clinton Free, 2006. "Marketing Dataveillance and Digital Privacy: Using Theories of Justice to Understand Consumers’ Online Privacy Concerns," Journal of Business Ethics, Springer, vol. 67(2), pages 107-123, August.
    2. Jon Kleinberg, 2006. "The world at your fingertips," Nature, Nature, vol. 440(7082), pages 279-280, March.
    3. Bowie, Norman E. & Jamal, Karim, 2006. "Privacy Rights on the Internet: Self-Regulation or Government Regulation?," Business Ethics Quarterly, Cambridge University Press, vol. 16(3), pages 323-342, July.
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    Cited by:

    1. Martin P. Fritze & Andreas B. Eisingerich & Martin Benkenstein, 2019. "Digital transformation and possession attachment: examining the endowment effect for consumers’ relationships with hedonic and utilitarian digital service technologies," Electronic Commerce Research, Springer, vol. 19(2), pages 311-337, June.
    2. Angela Ramnarine Rieks & Jason Dedrick & Jeffrey Stanton, 2020. "Risks, benefits, and control of information: Two studies of smart electric meter privacy," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 71(9), pages 1060-1073, September.

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