During Michaelmas Term, OxTalks will be moving to a new platform (full details are available on the Staff Gateway).
For now, continue using the current page and event submission process (freeze period dates to be advised).
If you have any questions, please contact halo@digital.ox.ac.uk
Many organizations, such as banks and insurers, determine what services to offer based on a perceived quality of the recipient, e.g. their creditworthiness. Increasingly, organizations have access to new data about consumers, such as categorizations into demographic and lifestyle segments. When organizations learn about a consumer’s quality from the behavior of other consumers in the same segment—creating data linkages—what are the consequences for each consumer’s incentives to exert effort, e.g. to maintain a good credit rating? We study a multiple-agent career concerns model in which agents choose whether to interact with a principal and how much costly effort to exert. Data linkages create informational externalities across consumers, shaping participation rates and effort provision in equilibrium. We show that whether these are welfare-improving depends crucially on whether linkages are about quality (revealing correlations in underlying types) or about a shared circumstance (helping the principal to de-bias shared shocks to observed outcomes).
Please sign up for meetings here: docs.google.com/spreadsheets/d/1Tf4YtDeDdmv3Dv379EyhWTL6lszs2Dy6yiff7yJeJAY/edit#gid=0