When consumers' inferences of their reservation values are subject to environmental noise, firms can obtain superior knowledge over consumers through customer data aggregation. Although the superior knowledge facilitates personalized pricing, it may also induce consumer suspicions of overpaying....

Firms in many industries may obtain superior knowledge of customer preferences, whereas customers often need costly efforts to learn their match values. In this pa-per, we examine the optimal pricing strategies for a firm with superior knowledge, when customers can reduce information asymmetry...

This article synthesizes several existing economic perspectives on the incentives for and consequences of media consolidation. Because of the two-sided nature of media markets, media mergers may lead to unexpected effects, which may not be deduced from common notions of industrial economics. We...