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When people transfer their own data, it may also contain others’ data. In this case, people decide whether to risk others’ privacy on behalf of others. In addition, the benefit of transferring personal data could be in form of money or time. Will people exhibit different willingness to...
Persistent link: https://www.econbiz.de/10013311419
question by eliciting individuals' willingness to pay (WTP) to avoid detection in an economic experiment involving a coin …
Persistent link: https://www.econbiz.de/10015046417
In this paper we focus on the data collection activities of social networks, such as Facebook, Twitter and Instagram. We use choice modelling (mixed logit) techniques on a recent and rich sample of German social network users to assess and quantify their willingness to accept (WTA) the use of...
Persistent link: https://www.econbiz.de/10014091696
collected during large-scale peak avoidance experiment conducted in the Netherlands, in which participants could earn monetary … rewards for traveling outside peak hours. The experiment included ca. 1000 participants and lasted for about 6 months. Holders … of an annual train pass were invited to join the experiment, and a customized smartphone app was used to measure the …
Persistent link: https://www.econbiz.de/10011295719
I study the welfare and price implications of consumer privacy. A consumer discloses information to a multi-product seller, which learns about his preferences, sets prices, and makes product recommendations. Although the consumer benefits from accurate recommendations, the seller may use the...
Persistent link: https://www.econbiz.de/10012900118
We study platform design in online markets in which buying involves a (non-monetary) cost for consumers caused by privacy and security concerns. Firms decide whether to require registration at their website before consumers learn the price and all relevant product information. We show that a...
Persistent link: https://www.econbiz.de/10013031509
I study the welfare and price implications of consumer privacy. A consumer discloses information to a multi-product seller, which learns about the consumer's preferences, sets prices, and makes product recommendations. While the consumer benefits from accurate product recommendations, the seller...
Persistent link: https://www.econbiz.de/10012022360
In spite of the widespread concerns expressed about the importance of privacy, individuals frequently give away or sell a myriad of personal data. How and why people decide to transition their information from the private to the public sphere is poorly understood. To address this puzzle, we...
Persistent link: https://www.econbiz.de/10014073794
Persistent link: https://www.econbiz.de/10011705359
Overall, 72 subjects invest their endowment in four risky assets. Each com-bination of assets yields the same expected return and variance of returns. Illusion of expertise prevails when one prefers nevertheless the self-selected portfolio. After being randomly assigned to groups of four...
Persistent link: https://www.econbiz.de/10011408429