User settings for advertising optimization on Facebook: Active customer participation or settings blindness?

Facebook and many other social media companies act on information markets with various player groups, which are differentiated by the kind of payment, one group paying with money (normally, advertisers) and the other group paying with their personal data or their attention (i.e., Facebook’s users being simultaneously the advertisers’ potential customers). In order to minimize users’ problems with (rather annoying) ads on digital services, some...