The Design and Price of Information

A data buyer faces a decision problem under uncertainty. He can augment his initial private information with supplemental data from a data seller. His willingness to pay for supplemental data is determined by the quality of his initial private information. The data seller optimally offers a menu of...

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Bibliographic Details
Main Authors: Bergemann, Dirk (Author), Bonatti, Alessandro (Contributor), Smolin, Alex (Author)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2018-06-15T18:28:16Z.
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