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数字金融workshop:Platform, Data Neutrality, and Market Competition
发布日期:2023-12-19 12:00 来源:
第十二讲 Platform, Data Neutrality, and Market Competition
时间:2023年12月19日周二 北京时间下午 2:00-3:30
Time: Tuesday, 19 December 2023, 2-3:30 p.m. Beijing time
地点/Venue:
线下:北京大学国家发展研究院承泽园校区131教室
线上: ZOOM会议(会议号:868 7941 4705 密码:2023)
主讲人/Speaker: 方汉明 Hanming Fang
主持人/Host:胡佳胤 Jiayin Hu
摘要/Abstract:
We analyze the impact of a hypothetical data neutrality regulation on the downstream market competition, the platform's incentives to produce data, and consumer welfare. Under data neutrality, all firms that want to access a platform's data are treated equally in terms of data usage, regardless of whether the firm is affiliated with the platform. We show that weak data neutrality, which only requires the amount of data provision to be nondiscriminatory, may have de facto no impact on the market. This is in stark contrast to strong data neutrality, which also regulates that the data prices charged to the affiliated and unaffiliated sellers to be the same. From a welfare perspective, we find that data neutrality, whether it is weak or strong, does not necessarily make consumers better off, because the platform may optimally reduce the amount of data provision in response to the data neutrality regulations.
主讲人介绍/Biography:
Hanming Fang is Joseph M. Cohen Term Professor of Economics at the University of Pennsylvania. He also holds a secondary appointment at the Department of Health Care Management and the Department of Business Economics and Public Policy at the Wharton School. He is an applied microeconomist with broad theoretical and empirical interests focusing on public economics, including topics such as discrimination, social insurance, and welfare reform, health insurance markets, and population aging. In 2008, Professor Fang was awarded the 17th Kenneth Arrow Prize by the International Health Economics Association (iHEA) for his research on the sources of advantageous selection in the Medigap insurance market. He was elected as a Fellow of the Econometric Society in 2018.
Professor Fang is currently working on issues related to insurance markets, particularly the interaction between the health insurance reform and the labor market, and the alternative health insurance reform proposals. He also studies the Chinese economy, particularly on issues related to political economy, population aging and social security.
He has served as a co-editor for leading economics journals, including the Journal of Public Economics and the International Economic Review, and has served on the editorial board for numerous journals. He currently serves as a senior editor for the Journal of Risk and Insurance, and is on the editorial committee of Annual Review of Economics (2020-2024). He is a research associate at the National Bureau of Economic Research (NBER), where he served as the acting director of the Chinese economy working group from 2014 to 2016. He is also a research associate of the Population Studies Center and Population Aging Research Center, and a Senior Fellow at the Leonard Davis Institute of Health Economics, an Executive Committee Member of the Center for the Study of Contemporary China, all at the University of Pennsylvania. He also served as the Scientific Director of Australia-China Population Aging Research Hub at the University of New South Wales in Australia, and is a Senior Fellow of the Asian Bureau of Economic and Finance Research (ABFER) in Singapore and a Research Fellow of the IZA in Germany.
Professor Fang received his Ph.D. in Economics from the University of Pennsylvania in 2000. Before joining the Penn faculty, he held positions at Yale University and Duke University.
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