Privacy, Patience, and Protection
46 Pages Posted: 17 Jun 2019
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: 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
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