How Much Should Facebook Pay You for Your Data?
Framing changes how different people answer the question.
How Much Should Facebook Pay You for Your Data?Damages from an accident can be both monetary and emotional. But research by Chicago Booth’s Christopher K. Hsee, Booth PhD candidate Shirley Zhang, and Northwestern’s Xueer Yu suggests that when victims pursue damages for both an emotional loss and a small monetary loss, they tend to be awarded less in total compensation than if they'd left the monetary loss out of the equation. The reason has to do with how people "anchor" uncertain quantities to more well-defined ones.
Framing changes how different people answer the question.
How Much Should Facebook Pay You for Your Data?Unfortunately, money’s much more than a tool for survival.
Why We Are So Cash ConsciousWhen information about our options comes from other people, we are more likely to try something unknown.
Why We Go Where No One’s Gone BeforeYour Privacy
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