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trategic Responses to Personalized Pricing and Demand for Privacy: An Experiment
INACIO GUERBEROFF LANARI BO; Li Chen; Rustamdjan Hakimov
2024-11
Source PublicationGames and Economic Behavior
ABS Journal Level3
ISSN0899-8256
Volume148Pages:487–516
AbstractWe consider situations in which consumers are aware that a statistical model determines the price of a product based on their observed behavior. Using a novel experiment varying the context similarity between participant data and a product, we find that participants manipulate their responses to a survey regarding personal characteristics, and manipulation is more successful when the contexts are similar. Moreover, participants demand less privacy, and make less optimal privacy choices when the contexts are less similar. Our findings highlight the importance of data privacy policies in the age of big data, in which behavior in apparently unrelated contexts might affect prices.
KeywordPrice Discrimination Personalized Pricing Strategic Behavior Privacy Experiments
DOIhttps://doi.org/10.1016/j.geb.2024.10.008
URLView the original
Language英語English
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Document TypeJournal article
CollectionDEPARTMENT OF ECONOMICS
Corresponding AuthorLi Chen
Affiliation1.University of Macau
2.Tongji University, University of Gothenburg
3.University of Lausanne
Recommended Citation
GB/T 7714
INACIO GUERBEROFF LANARI BO,Li Chen,Rustamdjan Hakimov. trategic Responses to Personalized Pricing and Demand for Privacy: An Experiment[J]. Games and Economic Behavior, 2024, 148, 487–516.
APA INACIO GUERBEROFF LANARI BO., Li Chen., & Rustamdjan Hakimov (2024). trategic Responses to Personalized Pricing and Demand for Privacy: An Experiment. Games and Economic Behavior, 148, 487–516.
MLA INACIO GUERBEROFF LANARI BO,et al."trategic Responses to Personalized Pricing and Demand for Privacy: An Experiment".Games and Economic Behavior 148(2024):487–516.
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