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100 _aIchihashi, Shota
_918659
245 _aOnline privacy and Information disclosure by consumers
260 _aThe American Economic Review
300 _a110(2), Feb, 2020: p.569-595
520 _aI study the welfare and price implications of consumer privacy. A consumer discloses information to a multiproduct seller, which learns about his preferences, sets prices, and makes product recommendations. Although the consumer benefits from accurate recommendations, the seller may use the information to price discriminate. I show that the seller prefers to commit to not use information for pricing in order to encourage information disclosure. However, this commitment hurts the consumer, who could be better off by precommitting to withhold some information. In contrast to single-product models, total surplus may be lower if the seller can base prices on information.- Reproduce
773 _aThe American Economic Review
906 _aCONSUMERS
942 _cAR