tag:blogger.com,1999:blog-2503392532090682825.post4506226209046564650..comments2023-06-13T05:05:28.886-04:00Comments on Economics of Information: Will Big Data Create A Personalized Pricing Nirvana for Retailers?Erik Brynjolfssonhttp://www.blogger.com/profile/01117552073319813366noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2503392532090682825.post-73845716967630214902013-10-26T07:50:30.814-04:002013-10-26T07:50:30.814-04:00Here is a world economic forum report on Personal ...Here is a world economic forum report on Personal Data as a new asset class:<br /><br />http://www3.weforum.org/docs/WEF_ITTC_PersonalDataNewAsset_Report_2011.pdfAnonymoushttps://www.blogger.com/profile/09545068639751349760noreply@blogger.comtag:blogger.com,1999:blog-2503392532090682825.post-35587822571933911442013-10-24T08:35:52.272-04:002013-10-24T08:35:52.272-04:00There is a growing need for some kind of control c...There is a growing need for some kind of control consumers would want to exercise, given the kind of information companies could gather and predict about them. There could be even different levels of controls at primary data, secondary data and analytics based predictions. Once the consumer has control, companies might have to incentivize the consumer for sharing data and this could add to the consumer surplus.Anonymoushttps://www.blogger.com/profile/09545068639751349760noreply@blogger.comtag:blogger.com,1999:blog-2503392532090682825.post-76842449325741591012013-09-08T23:42:24.996-04:002013-09-08T23:42:24.996-04:00As another good example of how far big data can go...As another good example of how far big data can go in terms of predicting the human behavior and how the retailers are using it,<br />http://www.nytimes.com/2012/02/19/magazine/shopping-habits.html?pagewanted=all?src=tp”melekhttps://www.blogger.com/profile/18423206628714006684noreply@blogger.com