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The Economics of Social Data : An Introduction
Bergemann, Dirk - 2019
Large internet platforms collect data from individual users in almost every interaction on the internet. Whenever an individual browses a news website, searches for a medical term or for a travel recommendation, or simply checks the weather forecast on an app, that individual generates data. A...
Persistent link: https://www.econbiz.de/10012889864
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The Economics of Social Data
Bergemann, Dirk - 2020
A data intermediary pays consumers for information about their preferences and sells the information so acquired to firms that use it to tailor their products and prices. The social dimension of the individual data - whereby an individual's data are predictive of the behavior of others -...
Persistent link: https://www.econbiz.de/10012847589
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The Economics of Social Data : An Introduction
Bergemann, Dirk - 2019
Large internet platforms collect data from individual users in almost every interaction on the internet. Whenever an individual browses a news website, searches for a medical term or for a travel recommendation, or simply checks the weather forecast on an app, that individual generates data. A...
Persistent link: https://www.econbiz.de/10012862220
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The Economics of Social Data
Bergemann, Dirk - 2020
A data intermediary pays consumers for information about their preferences and sells the information so acquired to firms that use it to tailor their products and prices. The social dimension of the individual data - whereby an individual's data are predictive of the behavior of others -...
Persistent link: https://www.econbiz.de/10012840234
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Pareto Improving Taxes
Geanakoplos, John - 2008
We show that in almost every economy with separable externalities, every competitive equilibrium can be Pareto improved … in economies with externalities. It shows that policy makers should look for good tax packages that help everybody …
Persistent link: https://www.econbiz.de/10012771789
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The Role of the Common Prior in Robust Implementation
Bergemann, Dirk - 2007
. Specifically, we investigate a model of public good provision which allows for negative and positive informational externalities … informational externalities and strategic substitutes with positive informational externalities.We derive the necessary and …
Persistent link: https://www.econbiz.de/10012775991
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Pareto Improving Taxes
Geanakoplos, John; Polemarchakis, Heraklis M. - 2006
We show that in almost every economy with separable externalities, every competitive equilibrium can be Pareto improved … in economies with externalities …
Persistent link: https://www.econbiz.de/10014056068
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Biased Social Learning
Herrera, Helios; Hörner, Johannes - 2014
This paper examines social learning when only one of the two types of decisions is observable. Because agents arrive …, as in the standard model, learning is complete if and only if signals are unbounded. If signals are bounded, cascades may …
Persistent link: https://www.econbiz.de/10014201514
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Optimal Design for Social Learning
Che, Yeon-Koo - 2015
This paper studies the design of a recommender system for organizing social learning on a product. To improve … incentives for early experimentation, the optimal design trades off fully transparent social learning by over-recommending a …
Persistent link: https://www.econbiz.de/10013023470
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Long Term Effects of Cash Transfer Programs in Colombia
Attanasio, Orazio P.; Cardona-Sosa, Lina; Medina, Carlos; … - 2021
Conditional Cash transfer (CCT) programs have been shown to have positive effects on a variety of outcomes including education, consumption and health visits, amongst others. We estimate the long-run impacts of the urban version of Familias en Acción, the Colombian CCT program on crime,...
Persistent link: https://www.econbiz.de/10013217039