Financial Privacy : The Economics of Opt-In vs Opt-Out.
Examines the economics of financial privacy regarding the sharing of consumer information among affiliated financial institutions. Examines the opt-in/opt-out opportunity offered consumers under the Fair and Accurate Credit Transactions Act of 2003, which prohibits the sharing of information for the...
| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
2004.
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| Series: | U.S. Congressional Research.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Examines the economics of financial privacy regarding the sharing of consumer information among affiliated financial institutions. Examines the opt-in/opt-out opportunity offered consumers under the Fair and Accurate Credit Transactions Act of 2003, which prohibits the sharing of information for the purpose of marketing unless the consumer has been notified and given the opportunity to opt out. Discusses the economic value of information, economic efficiency, market failures, and thin margins and transaction costs. |
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| Item Description: | Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource. |
| Physical Description: | 1 online resource. |