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This proposal is achieved by considering security and privacy as economic goods, where surveillance is seen as security technologies serving identity (ID) management and privacy is considered as being supported by ID assurance solutions.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-heading\">Findings<\/jats:title><jats:p>Reflecting upon Ashby's Law of Requisite Variety, the authors conclude that surveillance policies will not meet espoused ends and investigate an alternative strategy for policy making.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-heading\">Practical implications<\/jats:title><jats:p>The result of this exercise suggests that the proposed methodology could be a valuable tool for decision making at a strategic and aggregate level.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-heading\">Originality\/value<\/jats:title><jats:p>The paper extends the current literature on economics of privacy by incorporating methods from macroeconomics.<\/jats:p><\/jats:sec>","DOI":"10.1108\/03684921311295538","type":"journal-article","created":{"date-parts":[[2013,3,25]],"date-time":"2013-03-25T14:21:38Z","timestamp":1364221298000},"page":"140-163","source":"Crossref","is-referenced-by-count":2,"title":["Macroeconomics of privacy and security for identity management and surveillance"],"prefix":"10.1108","volume":"42","author":[{"given":"Vasilios","family":"Katos","sequence":"first","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Frank","family":"Stowell","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Peter","family":"Bednar","sequence":"additional","affiliation":[],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"140","reference":[{"key":"key2022032120325171700_b2","doi-asserted-by":"crossref","unstructured":"Ackerman, M.S., Cranor, L.F. and Reagle, J. 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