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UID:275@dds.technion.ac.il

DTSTART;TZID=Asia/Jerusalem:20221116T113000

DTEND;TZID=Asia/Jerusalem:20221116T123000

DTSTAMP:20221113T114747Z

URL:https://dds.technion.ac.il/iemevents/the-effect-of-privacy-on-market-s
 tructure-and-prices/

SUMMARY:The Effect of Privacy on Market Structure and Prices. [	\n					Game
  Theory Seminar\n					Seminars\n			\n	]
DESCRIPTION:By:  Daniel Bird \n Advisors: \n Where: Bloomfield 424 From:\nT
 el Aviv University\nAbstract:\nProtection of consumers’ privacy is often
  motivated by the fear that\, without it\, consumers may be exploited via 
 personalized pricing. However\, personalized pricing seems to be rare in p
 ractice. We explain how privacy nevertheless affects prices in search mark
 ets through its effect on market structure. If privacy is not protected\, 
 then in addition to consumer search\, firms may engage in targeted adverti
 sing. We show that privacy protection reduces consumer surplus if firms pr
 ice discriminate between the search and advertising markets. Absent such d
 iscrimination\, privacy protection may either increase or decrease consume
 r surplus. We relate our results to the “privacy paradox.”
CATEGORIES:Game Theory Seminar,Seminars
LOCATION:Bloomfield 424

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DTSTART:20221030T010000

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