caa a22 4500 605483582 CHVBK 20210128100432.0 cr unu---uuuuu 210128e20150901xx s 000 0 eng 10.1007/s10551-014-2248-y doi (NATIONALLICENCE)springer-10.1007/s10551-014-2248-y Information Relevance Model of Customized Privacy for IoT [Elektronische Daten] [Wei Zhou, Selwyn Piramuthu] Motivated by advances in mass customization in business practice, explosion in the number of internet of things devices, and the lack of published research on privacy differentiation and customization, we propose a contextual information relevance model of privacy. We acknowledge the existence of individual differences with respect to unique security and privacy protection needs. We observe and argue that it is unfair and socially inefficient to treat privacy in a uniform (or less differentiated) manner whereby a large proportion of the population remain unsatisfied by a common policy. Our research results provide quantifiable means to measure and evaluate the customized privacy. We show that with privacy differentiation, the social planner will observe increases in demand and overall social welfare. Our results also show that business practitioners could profit from privacy customization. Springer Science+Business Media Dordrecht, 2014 Value based privacy management nationallicence Customized privacy nationallicence Privacy differentiation nationallicence Internet of things nationallicence Privacy perception nationallicence Zhou Wei Information & Operations Management, ESCP Europe, Paris, France aut Piramuthu Selwyn Information Systems and Operations Management, University of Florida, 32611-7169, Gainesville, Florida, USA aut Journal of Business Ethics Springer Netherlands 131/1(2015-09-01), 19-30 0167-4544 131:1<19 2015 131 10551 https://doi.org/10.1007/s10551-014-2248-y text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10551-014-2248-y text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Zhou Wei Information & Operations Management, ESCP Europe, Paris, France aut NATIONALLICENCE 700 1- Piramuthu Selwyn Information Systems and Operations Management, University of Florida, 32611-7169, Gainesville, Florida, USA aut NATIONALLICENCE 773 0- Journal of Business Ethics Springer Netherlands 131/1(2015-09-01), 19-30 0167-4544 131:1<19 2015 131 10551