My research focuses on the role of data, algorithms, and AI technologies in shaping competition and welfare in digital markets.

Working Papers

• The Regulatory Trade-Off: Data Integration, Privacy Costs, and Welfare in Digital Platforms
  Working paper, 2025
  PDF – SSRN

  Abstract: This paper studies the welfare trade-offs of data integration in digital platform markets using a model with heterogeneous privacy sensitivity, personalization preferences, and endogenous platform investment. Lowering opt-out costs improves welfare by allowing privacy-sensitive users to limit data use while preserving service quality and advertising efficiency. Structural restrictions on data integration, including caps and data siloing, increase welfare only when privacy costs outweigh quality and advertising gains. Data sharing requirements have context-dependent effects through competition and investment incentives. The framework clarifies when consumer choice dominates structural intervention in data-driven digital markets.

Work in Progress

• Search Ads in the LLM Era
  with Pinar Yildirim and Eduardo Azevedo

• The Economics of Supercomputing
  with Nestor Duch-Brown

Policy Writing

• Generative AI Outlook Report
  European Commission Joint Research Center, 2025
  Full Report

• Underwater Archaeological Tourism: Demand Characteristics, Supply Structure and Growth Levers
  SRM-Centro Ricerche e Studi, 2025
  Full Report