Digital technology is profoundly changing our society. At the root of that change is data. Commonly referred to as the "new oil," it has sparked debate from Silicon Valley to Capitol Hill. There are two fundamental questions surrounding the discussion. First, how to manage the tradeoffs between capturing the full value of data and protecting one's right to privacy? And second, how to manage, store, and use data more effectively and securely? These questions have brought challenges to policymakers, academia, and enterprises around the globe. Due to the rapid development of technology, a consensus has not yet been reached. At the same time, new laws and regulations dictating the propper uses of data are being formulated, such as the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA). It is for these reasons that forming a broad consensus on data, security and privacy must be reached.
It is under this context that brought the Luohan Academy and Princeton University's Bendheim Center for Finance together as well as a myriad of economists around the world to discuss data governance and privacy protection on February 21. The workshop has attracted top-notch scholars from around the world, including Nobel Prize winners Jean Tirole of Toulouse Business School and Bengt Holmstrōm of Massachussettes Institute of Technology (MIT). And distinguished economists: Dirk Bergemann (Yale), Laura Veldkamp (Columbia University), Liyan Yang (University of Toronto), Nikhil Vellodi (Paris School of Economics), and Nageeb Ali (Penn State) as well as Princeton's own Roland Benabou, Pietro Ortoleva, Xiong Wei, and Markus Brunnermeier. All Have come to share their latest research and discuss the future of privacy.
During the morning session, Luohan Academy's Managing Director, Chen long will give a speech on behalf of the Luohan Academy, introducing our empirical research on privacy behavior and the value of data, putting forward several new concepts. Due to the ongoing Novel Coronavirus, scholars from Luohan Academy will attend the workshop by video.
Please see the speaker list below:
|Session Chair: Leeat Yariv (Princeton)|
|9:00 – 10:00||Keynote: Jean Tirole (Toulouse School of Economics): "Digital Dystopia" [ Slides ]|
|10:00 – 12:00||Luohan Academy Report on Privacy|
|Presentation: Long Chen (via Video Link)|
|Commentators: Nageeb Ali (Penn State) [ Comments ] |
Pietro Ortoleva (Princeton) [ Comments ]
Rohit Lamba (Penn State) [ Comments ]
Laura Veldkamp (Columbia) [ Comments ]
|12:00 – 13:00||Lunch|
|Session Chair: Roland Benabou (Princeton)|
|13:00 – 13:45||Dirk Bergemann (Yale): “The Economics of Social Data” [ Slides ]|
|Discussant: Joseph Abadi [ Comments ]|
|13:45 – 14:30||Shota Ichihashi (Bank of Canada): “Dynamic Privacy Choices” [ Slides ]|
|Discussant: Michael Sockin (University of Texas) [ Comments ]|
|Session Chair: Ian Ball (Yale University)|
|15:00 – 15:45||Itay Fainmesser (Johns Hopkins): “Digital Privacy” [ Slides ]|
|Discussant: Ana Luiza Dutra [ Comments ]|
|15:45 – 16:30||Nathan Larson (American University): “Price Discrimination in the Information Age” [ Slides ]|
|Discussant: Andrew Ferdowsian [ Comments ]|
|16:30 – 17:15||Wei Xiong (Princeton): “Data Privacy and Temptation" [ Slides ]|
|Discussant: Liyan Yang (University of Toronto) [ Comments ]|
For the video playlist, click here.