Plaintiffs in consumer data privacy class action lawsuits may demand money damages for the loss of the value of their personal information. But how much money is that personal information really worth? And what was lost? In this episode, hosts Alicia Downey and Aaron Yeater talk to economist Mike Kheyfets of Edgeworth Economics about these and other questions to which there are no simple answers, whether from an economic or legal perspective. Listen to this episode to learn about approaches to valuing personal information in data privacy lawsuits.
Michael Kheyfets, Edgeworth Economics
Michael Kheyfets, “Value of Personal Information Theories in Data Privacy Class Actions,” Bloomberg Law (Sept. 19, 2022)
Alicia Downey, Downey Law LLC and Aaron Yeater, Analysis Group