Showing 1 - 10 of 32,199
higher value of traded information and therefore has to grant the agent more privacy. …
Persistent link: https://www.econbiz.de/10011380192
higher value of traded information and therefore has to grant the agent more privacy. …
Persistent link: https://www.econbiz.de/10011433634
There is mounting empirical evidence to suggest that the law of one price is violated in retail financial markets: there is significant price dispersion even when products are homogeneous. Also, despite the large number of firms in the market, prices remain above marginal cost and may even rise...
Persistent link: https://www.econbiz.de/10012731344
higher value of traded information and therefore has to grant the agent more privacy …
Persistent link: https://www.econbiz.de/10014132072
We study the interplay between quality provision and consumer search in a search market where firms may design products of inferior quality to promote them to naive consumers who fail to fully understand product characteristics. We derive an equilibrium in which both superior and inferior...
Persistent link: https://www.econbiz.de/10014467783
We study the interplay between quality provision and consumer search in a search market where firms may design products of inferior quality to promote them to naive consumers who fail to fully understand product characteristics. We derive an equilibrium in which both superior and inferior...
Persistent link: https://www.econbiz.de/10014476771
policy requiring list prices to be public). Otherwise, more protective privacy regulations have ambiguous effects on consumer …
Persistent link: https://www.econbiz.de/10012179763
This paper examines how data-driven personalized decisions can be made while preserving consumer privacy. Our setting … consumer privacy, or (formally) that it be differentially private -- an industry standard for privacy preservation. We develop … privacy-preserving personalized pricing algorithms and show that they achieve near-optimal revenue by deriving theoretical …
Persistent link: https://www.econbiz.de/10012311912
policy requiring list prices to be public). Otherwise, more protective privacy regulations have ambiguous effects on consumer …
Persistent link: https://www.econbiz.de/10012129753
This paper analyzes consumers' privacy choice concerning their private data and firms' ensuing pricing strategy. The … experiment. We find that there is a large share of consumers who reveal their private data. Particularly, less privacy …
Persistent link: https://www.econbiz.de/10012290359