Consumers often lack information about how online services collect, use and protect their data. Therefore, transparency is frequently touted as an essential instrument to support consumers in assessing privacy risks and making more informed decisions. In this context, empirical studies have...

Experimental investigations of privacy decision-making can provide complementary insights to surveys but they raise the methodological challenge of which data type(s) to use in controlled laboratory environments. To this end, we conduct a laboratory experiment with 317 participants and elicit...