Nudging Privacy: The Behavioral Economics of Personal Information

  • Authors:
  • Alessandro Acquisti

  • Affiliations:
  • Carnegie Mellon University

  • Venue:
  • IEEE Security and Privacy
  • Year:
  • 2009

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Abstract

Privacy decisions often involve balancing competing interests. As such, they're a natural field of study for economics. But traditional economic models have made overly restrictive assumptions about the stability and nature of individual privacy preferences. Approaches drawing on existing research in behavioral economics and psychology can offer complementary tools for understanding privacy decision making.