The Role of Behavioural Economics in Shaping Remedies for Facebook’s Excessive Data Gathering

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Pysyväisosoite

http://hdl.handle.net/10138/346311

Lähdeviite

Mäihäniemi , B 2022 , ' The Role of Behavioural Economics in Shaping Remedies for Facebook’s Excessive Data Gathering ' , Computer law & security review , vol. 46 , 105709 , pp. 1-15 . https://doi.org/10.1016/j.clsr.2022.105709

Julkaisun nimi: The Role of Behavioural Economics in Shaping Remedies for Facebook’s Excessive Data Gathering
Tekijä: Mäihäniemi, Beata
Tekijän organisaatio: Faculty of Law
Päiväys: 2022-09
Kieli: eng
Sivumäärä: 15
Kuuluu julkaisusarjaan: Computer law & security review
ISSN: 0267-3649
DOI-tunniste: https://doi.org/10.1016/j.clsr.2022.105709
URI: http://hdl.handle.net/10138/346311
Tiivistelmä: Currently, users disregard the low level of privacy protection and allow excessive data gath-ering by dominant online platforms. In return, they receive personalised social-media ser-vices from such companies. However, the fault is not entirely with consumers. This article aims to identify the circumstances that support excessive data gathering and argues that gatekeepers both exploit several heuristics that lead to cognitive biases and take advantage of the asymmetries of power and information confronting consumers. This article high-lights the shift from neoclassical to behavioural economics and claims that the latter offers a convincing account of the situation consumers face in digital markets. By framing the problem as the exploitation of users' behaviours, remedies can be formulated for the prob-lem in question. (c) 2022 Beata Maihaniemi. Published by Elsevier Ltd. This is an open access article under the CC BY license ( http://creativecommons.org/licenses/by/4.0/ )
Avainsanat: 513 Law
Big data
Behavioural economics
Facebook
Competition law
Data protection
European general data protection
regulation
PSYCHOLOGY
RATIONALITY
COMPETITION
HEURISTICS
PRIVACY
Vertaisarvioitu: Kyllä
Tekijänoikeustiedot: cc_by
Pääsyrajoitteet: openAccess
Rinnakkaistallennettu versio: publishedVersion


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