Kox, Henk; Straathof, Bas; Zwart, Gijsbert - Centraal Planbureau (CPB), Government of the Netherlands - 2014
Targeted advertising can benefit consumers through lower prices for access to websites. Yet, if consumers dislike that … websites collect their personal information, their welfare may go down. We study competition for consumers between websites … that can show targeted advertisements.
We find that more targeting increases competition and reduces the websites …