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Providing personal information to the benefit of others

Author

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  • Bettina Rockenbach
  • Abdolkarim Sadrieh
  • Anne Schielke

Abstract

Personal information is a precious resource, not only for commercial interests but also for the public benefit. Reporting personal location data, for example, may aid efficient traffic flows and sharing one’s health status may be a crucial instrument of disease management. We experimentally study individuals’ willingness to contribute personal information to information-based public goods. Our data provide evidence that—compared to monetary contributions to public goods—information may be substantially under-provided. We show that the degree of information provision is strongly correlated to the information’s implicit (emotional and cognitive) costs. Individual’s reluctance to share personal information with high implicit, in particular emotional costs, may seriously limit the effectiveness of information-based public goods.

Suggested Citation

  • Bettina Rockenbach & Abdolkarim Sadrieh & Anne Schielke, 2020. "Providing personal information to the benefit of others," PLOS ONE, Public Library of Science, vol. 15(8), pages 1-15, August.
    • Handle: RePEc:plo:pone00:0237183
    DOI: 10.1371/journal.pone.0237183
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    Cited by:

    1. Klockmann, Victor & von Schenk, Alicia & Villeval, Marie Claire, 2022. "Artificial intelligence, ethics, and intergenerational responsibility," Journal of Economic Behavior & Organization, Elsevier, vol. 203(C), pages 284-317.
    2. Bettina Rockenbach & Abdolkarim Sadrieh & Anne Schielke, 2021. "Paying with your personal data: the insensitivity of private information provision to asymmetric benefits," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 7(1), pages 64-73, September.

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