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dc.contributor.authorGuseva, Alyaen_US
dc.contributor.authorRona-Tas, Akosen_US
dc.contributor.editorWherry, Fredericken_US
dc.contributor.editorWoodward, Ianen_US
dc.date2018-09-01
dc.date.accessioned2020-01-28T14:14:27Z
dc.date.available2020-01-28T14:14:27Z
dc.date.issued2019-12-01
dc.identifier.citationAlevtina Guseva, Akos Rona-Tas. 2019. "Consumer Credit Surveiilance." Wherry, F. F., & Woodward, I. (Eds.). Oxford Handbook of Consumption, Oxford University Press. https://doi.org/10.1093/oxfordhb/9780190695583.013.16
dc.identifier.urihttps://hdl.handle.net/2144/39178
dc.description.abstractThis chapter reviews the development of consumer credit surveillance in the United States from the nineteenth century, as the original problem of information asymmetry in consumer lending gave rise to consumer data registries, a process led by merchants, not by financial institutions. Regulations in the 1970s addressing discrimination and data privacy limited consumer credit surveillance, but lately two developments reversed this trend. Aided by banking deregulation and advances in information technology, the use of credit scores expanded beyond lending, while the kind of data used to calculate scores has also widened, turning the credit score into a general measure of character. This results in a pervasive new system of consumer surveillance and control that turns the original information asymmetry upside down, favoring lenders and other corporate actors, including the state, at the expense of consumers. The European Union is trying to limit this system while a full version is currently piloted in China.en_US
dc.publisherOxford University Pressen_US
dc.relation.ispartofOxford Handbook of Consumption
dc.subjectConsumer crediten_US
dc.subjectLendingen_US
dc.subjectUncertaintyen_US
dc.subjectTrusten_US
dc.subjectDecision-makingen_US
dc.subjectCredit scoresen_US
dc.subjectConsumer surveillanceen_US
dc.subjectConsumer databasesen_US
dc.subjectConsumer privacyen_US
dc.titleConsumer credit surveillanceen_US
dc.typeBook chapteren_US
dc.description.versionAccepted manuscripten_US
dc.identifier.doi10.1093/oxfordhb/9780190695583.013.16
pubs.elements-sourcemanual-entryen_US
pubs.notesEmbargo: Not knownen_US
pubs.organisational-groupBoston Universityen_US
pubs.organisational-groupBoston University, College of Arts & Sciencesen_US
pubs.organisational-groupBoston University, College of Arts & Sciences, Department of Sociologyen_US
pubs.publication-statusPublisheden_US
dc.date.online2019-04-01
dc.identifier.mycv429796


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