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- W3125977369 abstract "The unprecedented access of firms to consumer level data not only facilitates more precisely targeted individual pricing but also alters firms’ strategic incentives. We show that exclusive access to a list of consumers can provide incentives for a firm to endogenously assume the price leader’s role, and so to strategically manipulate its rival’s price. Prices and profits are non-monotonic in the length of the consumer list. For an intermediate size, price leadership entails a semi-collusive outcome, characterized by supra-competitive prices and low consumer surplus. In contrast, for short or long lists of consumers, exclusive data availability intensifies market competition." @default.
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- W3125977369 date "2019-01-01" @default.
- W3125977369 modified "2023-09-27" @default.
- W3125977369 title "Exclusive Data, Price Manipulation and Market Leadership" @default.
- W3125977369 hasPublicationYear "2019" @default.
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