Information privacy represents one of the most exciting, rapidly growing areas of legal scholarship, yet information privacy law scholars rarely express any faith in market principles. Government regulators seem a bit more conflicted, with recent pronouncements from the Commerce Department, FTC, and Congress premised largely on market-based, notice-and-choice principles, but emphasizing the limits of markets.
This Friday, Silicon Flatirons Center for Law, Technology, and Entrepreneurship at the University of Colorado will host representatives from these three institutions to debate the Economics of Privacy. Joining them will be an interdisciplinary group of leading thinkers from other disciplines, such as economists studying the behavioral economics of privacy and computer scientists who specialize in human-computer interaction studying the limits of notice-and-choice. Executive Director Geoffrey Manne has been invited as one of these guests and will explore the markets of privacy, explaining the advantages of relying on market forces, self-regulation, and FTC’s existing enforcement mechanisms to protect privacy in the 21st century.