Econ Seminar - Non-competing Data Intermediaries
3:00pm - 4:30pm
LSK5047
I consider a model of markets for personal data, where data intermediaries (e.g., online platforms and data brokers) buy data from consumers and sell them to downstream firms. Competition among intermediaries has a limited impact on improving consumer welfare: If intermediaries offer high prices for data, consumers share data with multiple intermediaries, which lowers the downstream price of data and hurts intermediaries. This leads to multiple equilibria. There is a monopoly equilibrium, and an equilibrium with greater data concentration benefits intermediaries and hurts consumers. I generalize the results to arbitrary consumer preferences and study information design by data intermediaries.
場地開放時間
2:45pm
活動形式
講者/ 表演者:
Dr. Shota Ichihashi
Bank of Canada
語言
英文
適合對象
校友
教職員
研究生
主辦單位
經濟學系
聯絡方法
Julie tel: 2358 7621 / email: fnjuwong@ust.hk