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BEGIN:VEVENT
UID:fc9db4f583a74c515300bd3210cec330
CATEGORIES:Seminars
CREATED:20221116T184130
SUMMARY:Lunch Seminar: Adrien H. Vigier - University of Nottingham
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p style="text-align: justify;"><strong><span style="font-size: 11pt; font-
 family: Calibri, sans-serif;">Product Variety and Market Segmentation "</sp
 an></strong></p><p style="text-align: justify;"><strong>Abstract:</strong><
 /p><p style="text-align: justify;">We study&nbsp; market segmentation in se
 ttings where&nbsp; &nbsp;a monopolistic&nbsp; seller possesses an inventory
  containing&nbsp; several variants of a given&nbsp; good, and&nbsp; needs t
 o decide which variant to offer in different markets. We fully characterize
  the combinations of&nbsp; &nbsp;consumer and producer surplus&nbsp; attain
 able as&nbsp; product variety&nbsp; becomes large. We show that,&nbsp; alon
 g the Pareto frontier,&nbsp; higher consumer surplus entails lower social w
 elfare, revealing a trade off for the regulation of consumer privacy. We th
 en study situations in which market segmentation arises from the sale of co
 nsumer data by intermediaries. Competition among data intermediaries result
 s in lower match quality between consumers and products and lower social we
 lfare.</p>
DTSTAMP:20260910T172504Z
DTSTART:20221216T130000Z
DTEND:20221216T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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