Coase Theorem in the World of Data Breaches

“This is a really serious security issue, and we’re taking it really seriously,…..I’m glad we found this, but it definitely is an issue that this happened in the first place.” --- Facebook CEO Mark Zuckerburg (after the company’s security breach that exposed the personal information of 30 million users.[1]) We now live in a world … Continue reading Coase Theorem in the World of Data Breaches

Under-the-Radar Health Information Markets: the Supply, the Demand, and the Exploited.

Nowadays, it is not a secret that healthcare providers - such as hospitals - can store and utilize individuals' health information. Hospitals keep records of individuals so that the diagnosis can be based on more information, and some countries even have a health information exchange system among different hospitals for the same purpose. Yet, there … Continue reading Under-the-Radar Health Information Markets: the Supply, the Demand, and the Exploited.