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Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

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Your Browsing Behavior for a Big Mac: Economics of Personal Information Online Juan Pablo Carrascal * Universitat Pompeu Fabra Christopher Riederer * Columbia University Vijay Erramilli Telefónica Research Mauro Cherubini ** Telefónica Research Rodrigo de Oliveira Telefónica Research * Research conducted while working at Telefónica Research ** The author is currently working at Google Inc.
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Page 1: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Your Browsing Behavior for a���Big Mac: Economics of Personal

Information Online

Juan Pablo Carrascal * Universitat Pompeu Fabra

Christopher Riederer * Columbia University

Vijay Erramilli Telefónica Research

Mauro Cherubini ** Telefónica Research

Rodrigo de Oliveira Telefónica Research

*  Research  conducted  while  working  at  Telefónica  Research  **  The  author  is  currently  working  at  Google  Inc.

Page 2: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Introduction

Collected Personal Identifiable Information (PII) is being economically exploited by internet based

companies in multiple ways!

Page 3: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Introduction

But what do Internet users think about this?!!

Page 4: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Introduction

For users to understand monetization of their PII, they should do a cost-benefit analysis!

!

Page 5: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Introduction

But general the monetary value of PIIis hard to measure!!

!

Page 6: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Research Questions

•  RQ1: What monetary value do users assign to different types of PII while being online?!

•  RQ2: What are the perceptions of users vis-à-vis their PII being monetized, improving existing services and for personalized advertisements?!

Page 7: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Contributions

•  We used a refined Experience Sampling Method to extract online PII valuation!

•  We found that users valuated their browsing behavior information at around 7€ (~18 Reais)!

•  Valuation of Offline PII was significantly higher than Online PII, and valuation of PII related to Social and Finance websites was significantly higher than Search and News!

•  Even though users do not like the monetization of their PII, they would accept certain goods in exchange.!

Page 8: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Outline

Challenges / Methodology!Procedure!Measures!Results!Implications for design!!!

Page 9: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Challenges

Alice! Researcher!

PII $?

Alice!

Page 10: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Challenges Retrospective!

recall!Validity of!

PII valuation!Engagement during participation /!

Burden of the probing!Honesty of!valuation!

Page 11: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Methodology

A refined Experience Sampling Method (rESM) approach provides optimal recall!

Retrospective!recall!

Validity of!PII valuation!

Engagement during participation /!Burden of the probing!

Honesty of!valuation!

Page 12: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Methodology

•  We improved the validity by capturing the web browsing context by means of a Firefox plugin popup!

•  This plugin enables the use of pertinent questions about the actions, at the time they were performed, that we want to capture in the first place!

Retrospective!recall!

Validity of!PII valuation!

Engagement during participation /!Burden of the probing!

Honesty of!valuation!

Page 13: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Methodology

•  To create engagement, we created an auction game where participants could trade their PII!

•  We reduced the burden by limiting frequency and offering the possibility to skip the probe!

Retrospective!recall!

Validity of!PII valuation!

Engagement during participation /!Burden of the probing!

Honesty of!valuation!

Page 14: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Methodology

To promote honesty of valuation, we used a reverse second-price auction mechanism!!!!

Bids! Payout!Winning

bid!

(lowest)!

Retrospective!recall!

Validity of!PII valuation!

Engagement during participation /!Burden of the probing!

Honesty of!valuation!

Page 15: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Outline

Challenges / Methodology!Procedure!Measures!Results!Implications for design!

Page 16: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Participants

Recruitment through popular Spanish web portals!Demographics:!–  168 participants, 18 to 58 years old

(mean = 31.83, s = 8.15)!–  Well balanced across education and income levels!–  Living in Spain (94% of Spanish nationality)!

Requirements:!–  Firefox!–  Only person using Firefox

on their computer!–  Install the plugin!

Page 17: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Procedure

From the userʼs perspective:!

?

A participant visits a website!

The Plugin classifies!the visited website!

The Plugin selects questions corresponding to the category of the website!and prompts the user with a

Pop-up!

The Plugin collects participantʼs answers and

sends them to the back-end!

Page 18: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Procedure

From the back-end perspective:!

After 20 bids are received… !

… an auction is run!

All participants of the auction (both those who sold their PII and those who did not) are

notified of their results using neutral language!

All bids are received by the back-end!

Page 19: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Outline

Challenges / Methodology!Procedure!Measures!Results!Implications for design!

Page 20: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Measures – Popup questions

Auction questions!–  Context independent!–  Context dependent*!

Online privacy perception questions!–  Context independent!–  Context dependent*!

!

* Customized according to the detected category!of the website!!

Page 21: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Measures - Auction questions examples

… data about your financial transaction(s) !(FINANCE)!… photo(s) you uploaded to this website ! !(SOCIAL)!… keywords you used in your last search(es) !(SEARCH)!

! ! ! ! ! ! ! ! ! ! ! ! !… and so on!

… information about your age, gender, salary and address? ! ! ! ! ! ! ! ! ! !(related to offline PII)!

… details about your presence on this website?! ! ! ! ! ! ! ! ! !(related to third party trackers)!

Context independent:!

Context dependent:!

“What is the minimum amount of money you would accept in exchange of… “  

Page 22: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Measures - Exit questionnaire

We asked some questions to clarify previously obtained results:!•  Reasons for highest/lowest bids!•  Knowledge of revenue/cost of online services!•  Trust of PII management!•  Further privacy perception questions!

Page 23: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Outline

Challenges / Methodology!Procedure!Measures!Results!Implications for design!

Page 24: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Results

RQ1: Users valuated their browsing behavior information at around 7€ (18 reais)!

RQ1: What monetary value do users assign to different types of PII while being online?!

Page 25: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Results

RQ1: Users value offline PII more!and online PII less (25€ vs. 7€)!

Page 26: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Results

RQ1: Users tend to value online PII related to Finance (15.5€) and Social networking (12€)

more than Search (2€) and News (2€).!!

Page 27: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Results

RQ1: Users do not distinguish between quantity of PII, but type!

!!

Page 28: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Results

RQ2: Users do not like monetization of their PII!!

RQ2: What are the perceptions of users vis-à-vis their PII being monetized, improving existing services and for

personalized advertisements?!

Page 29: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Results

0%  

5%  

10%  

15%  

20%  

25%  

30%  

35%  

40%  

Freq

uency  (%

)  

RQ2: But they would accept certain goods in exchange.!

!

Page 30: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Results

RQ2: Users mainly trust themselves to manage the monetization of their PII. In second place, they trust

government and in third place banks and telcos!!

3 1 2

Page 31: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Results

Most participants gave reasons of fair value or worthiness of the information for their highest/

lowest bids instead of trying to game the system!

Page 32: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Outline

Challenges / Methodology!Procedure!Measures!Results!Implications for design!

Page 33: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Implications for design

There should be adequate incentives (economic or otherwise) for the adoption of privacy solutions!

Page 34: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Implications for design

Online companies should be transparent in explaining their need to monetize on PII!

Page 35: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Contributions

•  We used a refined Experience Sampling Method to extract online PII valuation!

•  We found that users valuated their browsing behavior information at around 7€ (~18 Reais)!

•  Valuation of Offline PII was significantly higher than Online PII, and valuation of PII related to Social and Finance websites was significantly higher than Search and News!

•  Even though users do not like the monetization of their PII, they would accept certain goods in exchange.!

Page 36: Your Browsing Behavior for a ! Big Mac: Economics of Personal Information Online

Thank you. ���Questions?���

Juan Pablo [email protected]!

Christopher [email protected]!

Vijay [email protected]!

Mauro [email protected]!

Rodrigo de [email protected]!


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