“This is the way ‘I’ create my passwords ..." : does the endowment effect deter people from changing the way they create their passwords?
- Submitting institution
-
Abertay University
- Unit of assessment
- 12 - Engineering
- Output identifier
- 17661643
- Type
- D - Journal article
- DOI
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10.1016/j.cose.2018.12.018
- Title of journal
- Computers and Security
- Article number
- -
- First page
- 241
- Volume
- 82
- Issue
- -
- ISSN
- 0167-4048
- Open access status
- Compliant
- Month of publication
- January
- Year of publication
- 2019
- URL
-
-
- Supplementary information
-
-
- Request cross-referral to
- -
- Output has been delayed by COVID-19
- No
- COVID-19 affected output statement
- -
- Forensic science
- No
- Criminology
- No
- Interdisciplinary
- No
- Number of additional authors
-
2
- Research group(s)
-
C - Cybersecurity
- Proposed double-weighted
- No
- Reserve for an output with double weighting
- No
- Additional information
- This investigation sought to determine whether the endowment effect, which has proven impact when applied to physical belongings, also applies to self-defined passwords. This effect, from the field of behavioural economics, leads people to over-value their own belongings. Using three studies, we determined that it does indeed apply. The consequence is that people will resist attempts to change the way they create passwords, because they “own” and are attached to their own routines. Having implications for training and awareness, this work led to a Wall Street Journal piece, and a TED x talk.
- Author contribution statement
- -
- Non-English
- No
- English abstract
- -
