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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Revealing Prospect Theory Bias in Information Security Decision Making

Revealing Prospect Theory Bias in Information Security Decision Making
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Author(s): Neil J. Schroeder (Air Force Institute of Technology, USA) and Michael R. Crimaila (Air Force Institute of Technology, USA)
Copyright: 2006
Pages: 4
Source title: Emerging Trends and Challenges in Information Technology Management
Source Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59904-019-6.ch042
ISBN13: 9781616921286
EISBN13: 9781466665361

Abstract

It is believed that security management decisions are made with the intent of maximizing the decision maker’s utility. In this paper, we examine the influence of biases on information security decision making through Prospect Theory. A scenario-based survey of 78 military officers was conducted and analyzed to identify if there is an underlying source of bias present in information security decision makers.

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