2022
DOI: 10.2139/ssrn.4065098
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Sophisticated Consumers with Inertia: Long-Term Implications from a Large-Scale Field Experiment

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“…As such, our focus connects two disjoint threads of literature: behavioral biases in privacy valuations, and the efficiency of data markets (Arrieta-Ibarra et al 2018, Acemoglu et al 2022, Bergemann et al 2022, Ichihashi 2021, Markovich & Yehezkel 2021. We also contribute to the empirical literature on behavioral industrial organization that takes consumers' biases and fallibility into firms' decision-making processes (Peltzman 1981, Rao & Wang 2017, Strulov-Shlain 2023, Miller et al 2022.…”
Section: Introductionmentioning
confidence: 99%
“…As such, our focus connects two disjoint threads of literature: behavioral biases in privacy valuations, and the efficiency of data markets (Arrieta-Ibarra et al 2018, Acemoglu et al 2022, Bergemann et al 2022, Ichihashi 2021, Markovich & Yehezkel 2021. We also contribute to the empirical literature on behavioral industrial organization that takes consumers' biases and fallibility into firms' decision-making processes (Peltzman 1981, Rao & Wang 2017, Strulov-Shlain 2023, Miller et al 2022.…”
Section: Introductionmentioning
confidence: 99%