Privacy, Patience, and Protection

46 Pages Posted: 17 Jun 2019

See all articles by Ronen Gradwohl

Ronen Gradwohl

University of Haifa - Department of Economics

Rann Smorodinsky

Technion-Israel Institute of Technology - The William Davidson Faculty of Industrial Engineering & Management

Date Written: June 7, 2019

Abstract

We analyze repeated games in which players have private information about their levels of patience and in which they would like to maintain the privacy of this information vis-a-vis third parties. We show that privacy protection in the form of shielding players’ actions from outside observers is harmful, as it limits and sometimes eliminates the possibility of attaining Pareto-optimal payoffs.

Keywords: privacy, privacy protection, perception games, signaling games

JEL Classification: C72, D82

Suggested Citation

Gradwohl, Ronen and Smorodinsky, Rann, Privacy, Patience, and Protection (June 7, 2019). Available at SSRN: https://ssrn.com/abstract=3401043 or http://dx.doi.org/10.2139/ssrn.3401043

Ronen Gradwohl (Contact Author)

University of Haifa - Department of Economics ( email )

Haifa 31905
Israel

Rann Smorodinsky

Technion-Israel Institute of Technology - The William Davidson Faculty of Industrial Engineering & Management ( email )

Haifa 32000
Israel

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