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...
Main Authors: | , , |
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Other Authors: | |
Format: | Article |
Language: | English |
Published: |
American Economic Association,
2018-06-15T18:28:16Z.
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Subjects: | |
Online Access: | Get fulltext |