162 citations · 181 across the 6 of their papers we have counts for
7 papers
Menu Pricing of Large Language Models
Dirk Bergemann, Alessandro Bonatti, Alex Smolin
We develop a framework for the optimal pricing and product design of LLMs in which a provider sells menus of token budgets to users who differ in their valuations across a continuu…
Data, Competition, and Digital Platforms
Dirk Bergemann, Alessandro Bonatti
We analyze digital markets where a monopolist platform uses data to match multiproduct sellers with heterogeneous consumers who can purchase both on and off the platform. The platf…
How Do Digital Advertising Auctions Impact Product Prices?
Dirk Bergemann, Alessandro Bonatti, Nicholas Wu
We present a model of digital advertising with three key features: (i) advertisers can reach consumers on and off a platform, (ii) additional data enhances the value of advertiser-…
Information Design with Elicitation and Strategic Coordination
Alessandro Bonatti, Munther A. Dahleh, Thibaut Horel
We study linear-quadratic games of incomplete information with Gaussian uncertainty, where each player's payoff depends on a privately observed type and a common state. The designe…
Selling Information in Competitive Environments
Alessandro Bonatti, Munther Dahleh, Thibaut Horel +1
Data buyers compete in a game of incomplete information about which a single data seller owns some payoff-relevant information. The seller faces a joint information- and mechanism-…
The Optimality of Upgrade Pricing
Dirk Bergemann, Alessandro Bonatti, Andreas Haupt +1
We consider a multiproduct monopoly pricing model. We provide sufficient conditions under which the optimal mechanism can be implemented via upgrade pricing -- a menu of product bu…
The Economics of Social Data
Dirk Bergemann, Alessandro Bonatti, Tan Gan
A data intermediary acquires signals from individual consumers regarding their preferences. The intermediary resells the information in a product market wherein firms and consumers…