Adam Elmachtoub - The value of opaque products
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Sep 25, 2017, 03:30 PM - 05:00 PM | 3108 Etcheverry Hall | Happening As Scheduled
Adam Elmachtoub, Columbia University
Abstract: A product is said to be opaque if one or more of its attributes are not revealed until after the product has been sold. Opaque products have historically been used in the travel industry where airline and hotel brands might be hidden to the customer, in exchange for a discount. More recently, online retailers have also used opaque products, where customers can sacrifice their choice of...