Can clearly assigned property right lead to efficient allocation of personal information?
a. Not necessarily, because the disclosure decision of an individual also reveals personal information.
b. Yes, because the parties can trade over personal information, personal information will be allocated to the side for whom it is more valuable.
c. Yes, if firms and consumers trade over consumers’ personal information through a monopolist data broker.
d. Not necessarily. it only leads to efficient allocation of personal information when the firm benefits from getting consumers’ personal information.
