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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:Product Variety and Market Segmentation "\nAbstract:\nWe study&nbsp; market
  segmentation in settings where&nbsp; &nbsp;a monopolistic&nbsp; seller pos
 sesses an inventory containing&nbsp; several variants of a given&nbsp; good
 , and&nbsp; needs to decide which variant to offer in different markets. We
  fully characterize the combinations of&nbsp; &nbsp;consumer and producer s
 urplus&nbsp; attainable as&nbsp; product variety&nbsp; becomes large. We sh
 ow that,&nbsp; along the Pareto frontier,&nbsp; higher consumer surplus ent
 ails lower social welfare, revealing a trade off for the regulation of cons
 umer privacy. We then study situations in which market segmentation arises 
 from the sale of consumer data by intermediaries. Competition among data in
 termediaries results in lower match quality between consumers and products 
 and lower social welfare.\n
DTSTAMP:20260910T172439Z
DTSTART:20221216T130000Z
DTEND:20221216T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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