While users are increasingly embracing smartphones worldwide, these devices, storing our most personal information, are repeatedly found to be leaking users’ data. Despite various atte mpts to inform users of these privacy issues, they continue to adopt risky behaviors. In order to better protect users of these devices, we need to understand the antecedents of the decision to install potentially privacy-threatening applications on them. We ran a large experiment in order to determine the influence of privacy risks literacy on the intent to install a potentially privacy threatening application on a smartphone. Using partial least squares (PLS), we were able to find that more than the privacy risks literacy, it is the coping behavior literacy that influences the user’s decision to install a mobile application. These findings are relevant to help determine a course of action in order to increase the user’s privacy protection when using such devices.