; this generates a search rule that accounts for learning systematically. In this search environment, a multiproduct seller …

We consider a non-durable good monopoly that collects data on its customers in order to profile them and subsequently … monopoly equilibrium profit is globally an increasing function of the privacy cost while in the PHI case, it is almost always a …

' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build … a model of consumer search with firms' endogenous quality decisions. In this model, lower search costs reallocate demand … toward higher-quality producers, raising firms' incentives to upgrade quality, and more so for firms selling ex-ante lower-quality …

informed to uninformed firms, moderates asymmetric incentives in information acquisition and renders the aggregate learning … outcome approximately acyclical. Our results challenge the prevailing view of procyclical learning as the source of asymmetric …

power and in quality to stimulate content consumption. The profit-maximizing tariff is zero if productive data are highly …

costly entry, in our model both quality distortion and market exclusion are reduced, sorting is more likely, and whenever … bunching occurs, the bunching interval is necessarily smaller. Additionally, under certain conditions the monopoly solution may … even achieve the first best (i.e., production efficiency). We also demonstrate that the optimal monopoly solutions can be …

downgrades quality whereas the seller sometimes upgrades it. Our model of targeting with endogenous product quality provides some … new insights into the way the transition from mass to specialized advertising can affect market outcomes. Quality …

We investigate a two-period Bertrand market in which one seller introduces a new product of uncertain quality. The new … product competes with an alternative good of known quality. Ex ante neither sellers nor consumers know the value of the new …