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Equilibria of Data Marketplaces with Privacy-Aware Sellers under Endogenous Privacy Costs

Equilibria of Data Marketplaces with Privacy-Aware Sellers under Endogenous Privacy Costs

We study a two-sided online data ecosystem comprised of an online platform, users on the platform, and downstream learners or data buyers. The learners can buy user data on the platform (to run a statistic or machine learning task). Potential users decide whether to join by looking at the trade-off …