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Bibliographic Details
Main Authors: Do, Jihwan, Han, Lining, Li, Xiaoxi
Format: Preprint
Published: 2024
Subjects:
Online Access:https://arxiv.org/abs/2404.05546
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Table of Contents:
  • This paper studies a stylized model of a monopoly data seller when information-sharing network exists among data buyers. We show that, if the buyers' prior information is sufficiently noisy, the optimal selling strategy is characterized by a maximum independent set, which is the largest set of buyers who do not have information-sharing link at all. In addition, the precision of the seller's data decreases in the number of information-sharing links among buyers, but it is higher than the socially efficient level of precision.