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Privacy risks – The daily blog of behavioral and cognitive economics

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Privacy risks – The daily blog of behavioral and cognitive economics

The Privacy Paradox: when convenience outweighs concern

In the digital age, the concept of privacy has become paradoxical. While surveys consistently show that people express deep concerns about online privacy, their behavior often tells a different story (Cho, Lee, & Chung, 2010). Individuals freely share personal data, clicking “accept” on cookie policies or posting sensitive information on social media for superficial benefits. This discrepancy, known as the Privacy Paradox, is not merely a result of ignorance or indifference. Instead, it is deeply rooted in cognitive biases (Waldman, 2019) and shaped by manipulative design tactics employed by digital platforms. ….[READ]

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