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, Bonatti, Alessandro, Smolin, Alex
Other Authors: Sloan School of Management
Format: Article
Published: American Economic Association 2018
Online Access:http://hdl.handle.net/1721.1/116348
https://orcid.org/0000-0002-9150-2334