There has been increasing attention to privacy in the media and in regulatory discussions.
This is a consequence of the increased usefulness of digital data. The literature has …

ABSTRACT New York City is the hot spot of the COVID-19 pandemic in the United States.
This paper merges information on the number of tests and the number of infections at the …

Transaction cost economics theory explains when it is more efficient for a transaction
between two parties to occur across the market or within an organization. How does …

As climate risk escalates, property insurance is critical to reduce the risk exposure of
households and firms and to aid recovery when disasters strike. To perform these functions …

A concern central to the economics of privacy is that firms may use consumer data to price
discriminate. A common response is that consumers should have control over their data and …

I empirically separate two components in a consumer's privacy preference. The intrinsic
component is a “taste” for privacy, a utility primitive. The instrumental component comes from …

Regulatory and sociological resistance to new market-driven technologies, particularly to
those that rely on collection and analysis of personal data, is prevalent even in cases where …

I study the effect of risk-based flood insurance pricing on welfare and climate damages in the
US I estimate my results with flood insurance policy data and a novel survey measuring …

This special issue originates from a dual submission conference with the NBER Insurance
Working Group and the Corporate Finance Program in 2020. It brings a broader perspective …

Recent data technology innovations, such as artificial intelligence and machine learning,
have transformed the production of knowledge and increased the importance of data. This …