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@article{ART002356975},
author={Misuk Lee and Youngsang Cho},
title={Economic Valuation of the Right to be Forgotten},
journal={Informatization Policy},
issn={1598-3498},
year={2018},
volume={25},
number={2},
pages={84-96},
doi={10.22693/NIAIP.2018.25.2.084}

TY - JOUR
AU - Misuk Lee
AU - Youngsang Cho
TI - Economic Valuation of the Right to be Forgotten
JO - Informatization Policy
PY - 2018
VL - 25
IS - 2
PB - NIA
SP - 84
EP - 96
SN - 1598-3498
AB - The right to be forgotten means the right of people to request information and communication providers to delete their information online. As the number of people asking for deletion of their past embarrassing or negative online activities is increasing, discussions are being raised on the introduction of the right to be forgotten in South Korea. However, previous research on the right to be forgotten mainly deals with the legal concept, with insufficient consideration of economic value. The main purpose of this research is to examine social perception towards the right to be forgotten and to estimate its economic value quantitatively. According to the results, there are concerns about disclosure of personal information, but with lack of awareness on the right to be forgotten. The monthly average amount that a person is willing to pay to be forgotten is 1,218 Korean won (11 US dollars) and the total economic value is estimated to be about 540 billion won (490 million dollars) per year in 2017. Especially, those who have experienced leakage of personal information put higher value to the right to be forgotten. These results can be useful for making decisions about the right to be forgotten in the future.
KW - right to be forgotten;protection of personal information;willingness to pay;contingent valuation method;spike model
DO - 10.22693/NIAIP.2018.25.2.084
ER -

Misuk Lee and Youngsang Cho. (2018). Economic Valuation of the Right to be Forgotten. Informatization Policy, 25(2), 84-96.

Misuk Lee and Youngsang Cho. 2018, "Economic Valuation of the Right to be Forgotten", Informatization Policy, vol.25, no.2 pp.84-96. Available from: doi:10.22693/NIAIP.2018.25.2.084

Misuk Lee, Youngsang Cho "Economic Valuation of the Right to be Forgotten" Informatization Policy 25.2 pp.84-96 (2018) : 84.

Misuk Lee, Youngsang Cho. Economic Valuation of the Right to be Forgotten. 2018; 25(2), 84-96. Available from: doi:10.22693/NIAIP.2018.25.2.084

Misuk Lee and Youngsang Cho. "Economic Valuation of the Right to be Forgotten" Informatization Policy 25, no.2 (2018) : 84-96.doi: 10.22693/NIAIP.2018.25.2.084

Misuk Lee; Youngsang Cho. Economic Valuation of the Right to be Forgotten. Informatization Policy, 25(2), 84-96. doi: 10.22693/NIAIP.2018.25.2.084

Misuk Lee; Youngsang Cho. Economic Valuation of the Right to be Forgotten. Informatization Policy. 2018; 25(2) 84-96. doi: 10.22693/NIAIP.2018.25.2.084

Misuk Lee, Youngsang Cho. Economic Valuation of the Right to be Forgotten. 2018; 25(2), 84-96. Available from: doi:10.22693/NIAIP.2018.25.2.084

Misuk Lee and Youngsang Cho. "Economic Valuation of the Right to be Forgotten" Informatization Policy 25, no.2 (2018) : 84-96.doi: 10.22693/NIAIP.2018.25.2.084