IEEE Security & Privacy · 2009 · 251 citations · 12 references
Social SciencesEconomicsPsychologyBehavioral EconomicsDecision TheoryMicroeconomicsData PrivacyData ProtectionDifferential PrivacyInformation EconomicsPrivacy PolicyRight To PrivacyBehavioral Welfare EconomicsInformational PrivacyPrivacyPrivacy Decision-makingPrivacy TradeoffsPrivacy-utility TradeoffSubjective Expectation Of PrivacyUser Privacy Preferences
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.
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