A school may improve its students' job outcomes if it issues only coarse grades. Google can
reduce congestion on roads by giving drivers noisy information about the state of traffic. A …

We survey a recent and growing literature on markets for information. We offer a
comprehensive view of information markets through an integrated model of consumers …

When a user shares her data with online platforms, she reveals information about others. In
such a setting, externalities depress the price of data because once a user's information is …

When is it possible for one person to persuade another to change her action? We consider a
symmetric information model where a sender chooses a signal to reveal to a receiver, who …

We study persuasion mechanisms in linear environments. A receiver has a private type and
chooses between two actions. A sender designs a persuasion mechanism or an experiment …

A data buyer faces a decision problem under uncertainty. He can augment his initial private
information with supplemental data from a data seller. His willingness to pay for …

We model demand for noninstrumental information, drawing on the idea that people derive
entertainment utility from suspense and surprise. A period has more suspense if the …

We study a novel mechanism design model in which agents each arrive sequentially and
choose one action from a set of actions with unknown rewards. The information revealed by …

Despite the rapidly growing volume and economic importance of data in the digital
economy, the legal framework for data ownership, access and trade remains incompletely …

We propose a model of data provision and data pricing. A single data provider controls a
large database that contains information about the match value between individual …