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. Will customers provide the information necessary for personalization? Assuming that a consumer can control the amount of … information revealed, we analyze how his decision interacts with the pricing strategy of a monopolist who may abuse the … information to obtain a larger share of total surplus. We consider two scenarios, one where consumers have different tastes but …
Persistent link: https://www.econbiz.de/10010300399
. Will customers provide the information necessary for personalization? Assuming that a consumer can control the amount of … information revealed, we analyze how his decision interacts with the pricing strategy of a monopolist who may abuse the … information to obtain a larger share of total surplus. We consider two scenarios, one where consumers have different tastes but …
Persistent link: https://www.econbiz.de/10001960828
(e.g., by offering a free-of-charge plan). Due to the combination of network effects and asymmetric information a …
Persistent link: https://www.econbiz.de/10013004864
. Will customers provide the information necessary for personalization? Assuming that a consumer can control the amount of … information revealed, we analyze how his decision interacts with the pricing strategy of a monopolist who may abuse the … information to obtain a larger share of total surplus. We consider two scenarios, one where consumers have different tastes but …
Persistent link: https://www.econbiz.de/10010509329
. Will customers provide the information necessary for personalization? Assuming that a consumer can control the amount of … information revealed, we analyse how his decision interacts with the pricing strategy of a monopolist who may abuse the … information to obtain a larger share of total surplus. We consider two scenarios, one where consumers have different tastes but …
Persistent link: https://www.econbiz.de/10010270920
endogenous and they depend on prices, acting as a coordination device among consumers. The model is able to account for …
Persistent link: https://www.econbiz.de/10014214940
efficient purchasing decisions (given their private information), and in the second step the monopoly extracts the surplus from …
Persistent link: https://www.econbiz.de/10001601438
goods and services, information asymmetry between providers (e.g., sellers, hosts, drivers) and consumers (e.g., buyers … bad users entering the platform. However, users are reluctant to share personal information on the Internet. We design a …
Persistent link: https://www.econbiz.de/10014106726
Product information websites have become ubiquitous in supporting B2C E-Commerce. This paper explores their impact on … such infomediaries and reduce their own information investments, increasing their profitability. Surprisingly, we find that … the existence of these websites may actually reduce social welfare. Contrary to the common belief that product information …
Persistent link: https://www.econbiz.de/10013006140
look at how a seller can use them to acquire information about consumers' preferences and gain the ability to price … discriminate when she has no control over quantity. I show how the more precise is the information acquired, the more the …
Persistent link: https://www.econbiz.de/10012970212