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Author Kling, Rob
Source ACM Digital Library
Content type Text
Publisher Association for Computing Machinery (ACM)
File Format PDF
Language English
Subject Keyword Social choice ♦ Electronic funds transfer systems ♦ Privacy ♦ Network reliability ♦ Social impacts of computing ♦ Social values ♦ Computer networks ♦ Security
Abstract During the last few years, computer-based systems which automate the transfer and recording of debits and credits have begun to be implemented on a large scale. These systems promise both financial benefits for the institutions that use them and potential conveniences to their customers. However, they also raise significant social, legal, and technical questions that must be resolved if full scale systems for Electronic Funds Transfer (EFT) are not to cause more problems for the larger public than they solve. This paper examines the incentives for EFT developments and the social problems they raise in the context of conflicts between five different value positions that are often implicit in analyses of proposed EFT arrangements. These conflicts reflect the relative importance of certain problems for specific groups. The value positions implicit in EFT proposals help to organize analyses of market arrangements, system reliability, and privacy of transactions. These topics are analyzed in this article and related to the value positions held by concerned parties. Last, the ways in which the public can learn about the social qualities of different EFT arrangements and the pace of EFT developments are both discussed in the context of social choice.
Description Affiliation: Univ. of California, Irvine (Kling, Rob)
Age Range 18 to 22 years ♦ above 22 year
Educational Use Research
Education Level UG and PG
Learning Resource Type Article
Publisher Date 2005-08-01
Publisher Place New York
Journal Communications of the ACM (CACM)
Volume Number 21
Issue Number 8
Page Count 16
Starting Page 642
Ending Page 657


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Source: ACM Digital Library