Showing 1 - 10 of 106
We analyze data pricing and targeted advertising. Advertisers seek to tailor their spending to the value of each consumer. A monopolistic data provider sells cookies -- informative signals about individual consumers' preferences. We characterize the set of consumers targeted by the advertisers...
Persistent link: https://www.econbiz.de/10013073446
We propose a model of data provision and data pricing. A single data provider controls a large database that contains information about the match value between individual consumers and individual firms (advertisers). Advertisers seek to tailor their spending to the individual match value. The...
Persistent link: https://www.econbiz.de/10013047747
We develop a model of data pricing and targeted advertising. A monopolistic data provider determines the price to access "cookies," i.e., informative signals about individual consumers' preferences. The demand for information is generated by advertisers who seek to tailor their spending to the...
Persistent link: https://www.econbiz.de/10013062477
We document experimentally how biased self-assessments affect the outcome of matching markets. In the experiments, we …, or to wait for the assortative matching based on their actual relative performance. Early offers are accepted more often …
Persistent link: https://www.econbiz.de/10011591092
The paper surveys the experimental literature on matching markets. It covers house allocation, school choice, and two …-sided matching markets such as college admissions. The main focus of the survey is on truth-telling and strategic manipulations by … the agents, on the stability and efficiency of the matching outcome, as well as on the distribution of utility. …
Persistent link: https://www.econbiz.de/10012033568
The matching literature commonly rules out that market design itself shapes agent preferences. Underlying this premise … matching process. Under this assumption, a centralized matching market can often outperform a decentralized one. Using a quasi …
Persistent link: https://www.econbiz.de/10012033869
In a tedious real effort task, agents can choose to receive information about their piece rate that is either low or ten times higher. One third of subjects deliberately decide to forego this instrumental information, revealing a preference for information avoidance. Strikingly, agents who face...
Persistent link: https://www.econbiz.de/10011284957
In a tedious real effort task, subjects know that their piece rate is either low or ten times higher. When subjects are informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this instrumental information when given the choice - and...
Persistent link: https://www.econbiz.de/10011340265
childs ability. -- Education saving ; search ; learning ; intertemporal consumption ; real option ; dynamic panel …
Persistent link: https://www.econbiz.de/10009625571
Survey data on inflation expectations show that: (i) private sector forecasts and central bank forecasts are not fully aligned and (ii) private sector forecasters disagree about inflation expectations. To reconcile these two facts we introduce dispersed information in a New Keynesian model,...
Persistent link: https://www.econbiz.de/10011520661