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Personal privacy is studied in the context of a competitive product (or labor) market. Firms initially post prices (or wages) they promise to charge (or pay) individuals whose applications are ultimately approved. Contracts are incomplete because the amount of information firms acquire about applicants cannot be observed. When information acquisition(More)
There are many deployed approaches for blocking unwanted traffic, either once it reaches the recipient's network, or closer to its point of origin. One of these schemes is based on the notion of traffic carrying capabilities that grant access to a network and/or end host. However, leveraging capabilities results in added complexity and additional steps in(More)
We provide a unified analysis of the canonical rational voting model with privately known political preferences and costs of voting. Focusing on type-symmetric equilibrium , we show that for small electorates, members of the minority group vote with a strictly higher probability than do those in the majority, but the majority is strictly more likely to win(More)
(Computer Science) Abstract For at least two thousand years, voting has been used as one of the most effective ways to aggregate people's ordinal preferences. In the last 50 years, the rapid development of Computer Science has revolutionize every aspect of the world, including voting. This motivates us to study (1) conceptually, how computational thinking(More)
Consumer privacy and the market for customer information in electronic retailing are investigated. The value of customer information derives from the ability of firms to identify individual consumers and charge them personalized prices. Two settings are studied, an anonymity regime in which sale of customer information is not possible, and a recognition(More)
We present a theory of strategic voting that predicts (1) elections are more likely to be close, and (2) voter turnout is more likely to be high when citizens possess better public information about the composition of the electorate. These findings are disturbing because they suggest that providing more information to potential voters about aggregate(More)
When a firm can recognize its previous customers, it may use information about their past purchases in order to price discriminate. We study a model with a monopolist and a continuum of heterogeneous consumers, where consumers have the ability to maintain their anonymity and avoid being identified as past customers, possibly at a cost. When consumers can(More)
This article summarizes and draws connections among diverse streams of empirical and theoretical research on the economics of privacy. Our focus is on the economic value and consequences of privacy and of personal information, and on consumers' understanding of and decisions about the costs and benefits associated with data protection and data sharing. We(More)