Consumer Privacy and Serial Monopoly

Speaker
Nikita Roketskiy
Date
27/05/2019 - 12:30 - 11:10Add To Calendar 2019-05-27 11:10:00 2019-05-27 12:30:00 Consumer Privacy and Serial Monopoly Joint with V. Bhaskar. Link to paper We examine the implications of consumer privacy when preferences today depend upon past consumption choices, and consumers shop from different sellers in each period. Although consumers are ex ante identical, their initial consumption choices cannot be deterministic. Thus ex post heterogeneity in preferences arises endogenously. Consumer privacy improves social welfare, consumer surplus and the profits of the second-period seller, while reducing the profits of the first period seller, relative to the situation where consumption choices are observed by the later seller. building 504, seminar room 011. אוניברסיטת בר-אילן - Department of Economics Economics.Dept@mail.biu.ac.il Asia/Jerusalem public
Place
building 504, seminar room 011.
Affiliation
University College London
Abstract

Joint with V. Bhaskar.

Link to paper

We examine the implications of consumer privacy when preferences today depend upon past consumption choices, and consumers shop from different sellers in each period. Although consumers are ex ante identical, their initial consumption choices cannot be deterministic. Thus ex post heterogeneity in preferences arises endogenously. Consumer privacy improves social welfare, consumer surplus and the profits of the second-period seller, while reducing the profits of the first period seller, relative to the situation where consumption choices are observed by the later seller.

Last Updated Date : 05/05/2019