Privacy and Rationality in Individual Decision Making

  • Authors:
  • Alessandro Acquisti;Jens Grossklags

  • Affiliations:
  • Carnegie Mellon University;University of California, Berkeley

  • Venue:
  • IEEE Security and Privacy
  • Year:
  • 2005

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Abstract

Traditional theory suggests consumers should be able to manage their privacy. Yet, empirical and theoretical research shows that consumers often lack enough information to make privacy-sensitive decisions and, even with sufficient information, are likely to trade off long-term privacy for short-term benefits.