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Online Privacy and Information Disclosure by Consumers

Ichihashi, Shota - 2019

I study the welfare and price implications of consumer privacy. A consumer discloses information to a multi-product seller, which learns about his preferences, sets prices, and makes product recommendations. Although the consumer benefits from accurate recommendations, the seller may use the...

Persistent link: https://www.econbiz.de/10012900118

Consumer Privacy in Oligopolistic Markets : Winners, Losers, and Welfare

Taylor, Curtis R. - 2015

Motivated by the unprecedented availability of consumer information on the Internet, we characterize the winners and losers from potential privacy regulation in the context of four commonly-used oligopoly models: a linear city model, a circular city model, a vertical differentiation model, and a...

Persistent link: https://www.econbiz.de/10013025793

The Effects of Personal Information on Competition : Consumer Privacy and Partial Price Discrimination

Clavorà Braulin, Francesco - 2021

This article studies the effects of consumer information on the intensity of competition. In a two dimensional duopoly model of horizontal product differentiation, firms use consumer information to price discriminate. I contrast a full privacy and a no privacy benchmark with intermediate regimes...

Persistent link: https://www.econbiz.de/10013247066

We Value Your Privacy : Behavior-Based Pricing Under Endogenous Privacy

Heiny, Friederike - 2020

decide whether to reveal private information in form of cookies. We study this endogenous decision in a duopoly model with … theory. A mandated data sharing policy among firms leads consumers to share more data and increases consumer welfare. This … helps policy makers to make an informed decision about data protection policies …

Persistent link: https://www.econbiz.de/10012845468

Privacy and Platform Competition

Dimakopoulos, Philipp - 2019

We analyze platform competition where user data is collected to improve ad-targeting. Considering that users incur privacy costs, we show that the equilibrium level of data provision is distorted and can be inefficiently high or low: if overall competition is weak or if targeting benefits are...

Persistent link: https://www.econbiz.de/10012860150

The effects of personal information on competition : consumer privacy and partial price discrimination

Clavorà Braulin, Francesco - 2021

Persistent link: https://www.econbiz.de/10012425308

Personalized pricing with imperfect customer recognition

Colombo, Stefano; Graziano, Clara; Pignataro, Aldo - 2023

We consider a duopoly model where firms can identify only a share of consumers, which is positively correlated with the consumer' preferences. Firms charge personalized prices to the consumers they can recognize and a uniform price to the rest of consumers. The firms' available information is...

Persistent link: https://www.econbiz.de/10014284780

Real-time pricing in power markets : who gains?

Boom, Anette; Schwenen, Sebastian - 2012

We examine welfare effects of real-time pricing in electricity markets. Before stochastic energy demand is known, competitive retailers contract with final consumers who exogenously do not have real-time meters. After demand is realized, two electricity generators compete in a uniform price...

Persistent link: https://www.econbiz.de/10009666499

Firm Behavior Under Consumer Loss Aversion

Kim, Sang-Hyun - 2014

This survey aims to provide an overview of recent developments in the industrial organization literature that explores the behavior of profit-maximizing firms facing consumers with reference-dependent preferences and loss aversion. We discuss the implications of loss aversion on the practice of...

Persistent link: https://www.econbiz.de/10013050913

Random Encounters and Information Diffusion about Markets

Marini, Marco - 2020

International openness enhances social interactions between citizens of different countries or regions and vice versa. Social exchanges, in turn, increase trade flows between countries and influence markets and prices. We analyze the increased mobility that follows from openness between two...

Persistent link: https://www.econbiz.de/10012837021