Print Email Facebook Twitter The value of personal data Title The value of personal data Author van Lieshout, M. Contributor Hansen, M. (editor) Fischer-Hubner, S. (editor) Camenisch, J. (editor) Publication year 2015 Abstract This chapter discusses the value of personal data from two complementary perspectives: the value of personal data for firms and the value of personal data for individuals. The chapter starts with a short introduction into the rise of personal data markets – markets basically driven by the economic exploitation of personal data. Then the chapter discusses how firms asses the value of personal data. This can be done from different angles, such as stock value and revenues. Another inroad is the costs of data breaches. A second perspective which is discussed is the valuation of personal data by individuals. Some empirical studies are presented that show how individuals value their personal data and what choices they tend to make. The chapter concludes with placing these developments in the frame of the upcoming data protection regulation. Data protection by default has relevance when taking the empirical studies seriously. © IFIP International Federation for Information Processing 2015. Subject Urban Mobility & EnvironmentSP2 - Strategy & Policy 2ELSS - Earth, Life and Social SciencesInfostructuresInformaticsInformation SocietyBehavioural economicsData protection by designEconomic value of privacyPersonal data marketsPrivacy To reference this document use: http://resolver.tudelft.nl/uuid:35ad2fe9-86bf-4c99-bf9a-304704cc758c DOI https://doi.org/10.1007/978-3-319-18621-4_3 TNO identifier 528428 Publisher Springer New York LLC ISBN 18684238 Source IFIP Advances in Information and Communication Technology, 457, 26-38 Document type bookPart Files To receive the publication files, please send an e-mail request to TNO Library.