We investigate the strategies of a data intermediary selling consumer information to firms for price discrimination … purpose. We analyze how the mechanism through which the data intermediary sells information influences how much consumer … information she will collect and sell to firms, and how it impacts consumer surplus. We consider three selling mechanisms tailored …

We analyze spying out a rival’s price in a Bertrand market game with incomplete information. Spying transforms a … becomes self-defeating. The spy may also be a counterspy or be fooled to report strategically distorted information. This …

Numerous theoretical studies have shown that information aggregation through voting is fragile. We consider a model of … information aggregation with vote-contingent payoffs and generically characterize voting behavior in large committees. We use this … characterization to identify the set of vote-contingent payoffs that lead to a unique outcome that robustly aggregates information …

Empirical evidence shows that the perception of information is strongly concentrated in those environments in which a … information is assessed in terms of its contribution to productivity …

-level uncertainty and imperfect information over their life cycle. We find that firms make non-negligible and positively correlated …

imperfect information about prices. We use a theoretical search model that has two key predictions: First, the larger the number …

We experimentally study decentralized one-to-one matching markets with transfers. We vary the information available to … transfers. Second, incomplete information and submodularity present hurdles to efficiency and especially stability; their … combination drastically diminishes stability’s likelihood. Third, matchings form “from the top down” in complete-information …

risks. We compare parametric to indemnity insurance in a simple model where the insurance company has superior information … about the probability of the event (reversed asymmetric information). We find that indemnity insurance tends to be welfare …