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The purpose of this paper is to address three main problems resulting from uncertainty in information security management: dynamically changing security requirements of an organization; externalities caused by a security system; and obsolete evaluation of security concerns.

In order to address these critical concerns, a framework based on options reasoning borrowed from corporate finance is proposed and adapted to evaluation of security architecture and decision making for handling these issues at organizational level. The adaptation as a methodology is demonstrated by a large case study validating its efficacy.

The paper shows through three examples that it is possible to have a coherent methodology, building on options theory to deal with uncertainty issues in information security at an organizational level.

To validate the efficacy of the methodology proposed in this paper, it was applied to the Spridnings‐och Hämtningssystem (SHS: dissemination and retrieval system) system. The paper introduces the methodology, presents its application to the SHS system in detail and compares it to the current practice.

This research is relevant to information security management in organizations, particularly issues on changing requirements and evaluation in uncertain circumstances created by progress in technology.

Food choices profoundly affect one's dietary, nutritional and health outcomes. Using alcoholic beverages as a case study, the authors assess the potential of genetic data in predicting consumers' food choices combined with conventional socio-demographic data.

A discrete choice experiment was conducted to elicit the underlying preferences of 484 participants from seven provinces in China. By linking three types of data (—data from the choice experiment, socio-demographic information and individual genotyping data) of the participants, the authors employed four machine learning-based classification (MLC) models to assess the performance of genetic information in predicting individuals' food choices.

The authors found that the XGBoost algorithm incorporating both genetic and socio-demographic data achieves the highest prediction accuracy (77.36%), significantly outperforming those using only socio-demographic data (permutation test p-value = 0.033). Polygenic scores of several behavioral traits (e.g. depression and height) and genetic variants associated with bitter taste perceptions (e.g. TAS2R5 rs2227264 and TAS2R38 rs713598) offer contributions comparable to that of standard socio-demographic factors (e.g. gender, age and income).

This study is among the first in the economic literature to empirically demonstrate genetic factors' important role in predicting consumer behavior. The findings contribute fresh insights to the realm of random utility theory and warrant further consumer behavior studies integrating genetic data to facilitate developments in precision nutrition and precision marketing.