An excellent paper presented on Android Permissions. Take a look.

ABSTRACT
Android provides third-party applications with an extensive API that includes access to phone hardware, settings, and user data. Access to privacy- and security-relevant parts of the API is controlled with an install-time application permission system. We study Android applications to determine whether Android developers follow least privilege with their permission requests. We built Stowaway, a tool that detects over privilege in compiled Android applications. Stowaway
determines the set of API calls that an application uses and then maps those API calls to permissions. We used auto-mated testing tools on the Android API in order to build
the permission map that is necessary for detecting over privilege. We apply Stowaway to a set of 940 applications and that about one-third are overprivileged. We investigate the causes of over privilege and nd evidence that developers are trying to follow least privilege but sometimes fail due to insucient API documentation.
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