Selling customer information to competing firms

被引:17
作者
Braulin, Francesco Clavora [1 ]
Valletti, Tommaso [2 ,3 ]
机构
[1] Univ Roma Tor Vergata, I-00173 Rome, Italy
[2] Imperial Coll London, London, England
[3] CEPR, London, England
关键词
Personalized pricing; Vertical product differentiation; Exclusivity;
D O I
10.1016/j.econlet.2016.10.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
We consider a data broker that holds precise information about customer preferences. The data broker can sell this data set either exclusively to one of two differentiated competing firms, or to both of them. If a downstream firm obtains the data set, it can practice personalized pricing, else it has to offer a uniform price to customers. The first-best allocation can be achieved when data are sold non exclusively, but this never arises in equilibrium. The data broker instead sells the data set exclusively either to the high quality firm or to the low quality firm rival, according to their quality-adjusted cost differential. This leads to inefficient allocations. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码:10 / 14
页数:5
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