The empirical implications of privacy-aware choice

DOI10.1287/OPRE.2015.1458MaRDI QIDQ2806059zbMATH OpenOpenAlexWikidataFDO

Authors Rachel Cummings, Federico Echenique, Adam Wierman

Publication date 13 May 2016

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1401.0336, https://resolver.caltech.edu/CaltechAUTHORS:20160602-090011567

zbMATH Keywords

revealed preferenceprivacy

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Abstract: This paper initiates the study of the testable implications of choice data in settings where agents have privacy preferences. We adapt the standard conceptualization of consumer choice theory to a situation where the consumer is aware of, and has preferences over, the information revealed by her choices. The main message of the paper is that little can be inferred about consumers' preferences once we introduce the possibility that the consumer has concerns about privacy. This holds even when consumers' privacy preferences are assumed to be monotonic and separable. This motivates the consideration of stronger assumptions and, to that end, we introduce an additive model for privacy preferences that does have testable implications.

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Cites work

• Is privacy compatible with truthfulness?
• Perception games and privacy
• Privacy in implementation
• Psychological games and sequential rationality
• Redrawing the boundaries on purchasing data from privacy-sensitive individuals
• Representing Preferences with a Unique Subjective State Space
• Selling privacy at auction
• Temptation-Driven Preferences
• The Nonparametric Approach to Demand Analysis

Cited in

(14)

• Impact of privacy on free online service markets
• Incentive schemes for privacy-sensitive consumers
• When do firms invest in privacy-preserving technologies?
• Consumers' privacy choices in the era of big data
• Does imperfect data privacy stop people from collecting personal data?
• Personal-data disclosure in a field experiment: evidence on explicit prices, political attitudes, and privacy preferences
• Perception games and privacy
• Delay-predictability trade-offs in reaching a secret goal
• On the properties that characterize privacy
• Anonymous Stochastic Routing
• Is your privacy for sale? An experiment on the willingness to reveal sensitive information
• Consumer Privacy and Marketing Avoidance: A Static Model
• Strategic responses to personalized pricing and demand for privacy: an experiment
• To reveal or not to reveal: privacy preferences and economic frictions

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