报告题目：The Value of Personal Information in Online Markets with Endogenous Privacy
报 告 人：曹馨月（产业组织与企业组织研究中心硕士研究生）
报告时间：2024年11月1日（周五）10:00-11:30
报告地点：问源阁419室
主办单位：产业组织与企业组织研究中心
【内容摘要】
We investigate the effects of price discrimination on prices, profits, and consumer surplus when (a) at least one competing firm can use consumers’ private information to price discriminate yet (b) consumers can prevent such use by paying a “privacy cost.” Unlike a monopolist, competing duopolists do not always benefit from a higher privacy cost because each firm’s profit decreases—and consumer surplus increases—with that cost. Under such competition, the optimal strategy for an owner of consumer data that sells information in a single block is selling to only one firm, thereby maximizing the stakes for rival buyers. The resulting inefficiencies imply that policy makers should devote more attention to discouraging exclusivity deals and less to ensuring that consumers can easily protect their privacy.
【文章信息】
Rodrigo Montes, Wilfried Sand-Zantman, Tommaso Valletti. The Value of Personal Information in Online Markets with Endogenous Privacy[J]. Management Science, 2019, 65 (3): 1342-1362.
【文章链接】
https://doi.org/10.1287/mnsc.2017.2989
