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The economics of social data.

A data intermediary acquires signals from individual consumers regarding their preferences. The intermediary resells the information in a product market wherein firms and consumers tailor their choices to the demand data. The social dimension of the individual data—whereby a consumer's data are pred...

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Published in:RAND Journal of Economics (Wiley-Blackwell) Vol. 53; no. 2; pp. 263 - 297
Main Authors: Bergemann, Dirk, Bonatti, Alessandro, Gan, Tan
Format: Article
Published: Wiley-Blackwell Jun2022
Subjects:
Socioeconomics
Consumer education
Consumer preferences
Externalities
Privacy
Value capture
Online Access:View this record in EBSCOhost

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