People shop for shoes at a mall in Singapore in May 2016. Online shopping has gained in popularity, but not brought down prices for every customer. Photo: Reuters

How your personal data could make shopping more expensive as retailers anticipate how much you can pay

Maria Gonzalez-Miranda and Ivailo Izvorski say online shopping was supposed to bring down prices for consumers but big data has changed the game in an unexpected way 

Topic |   Consumers

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People shop for shoes at a mall in Singapore in May 2016. Online shopping has gained in popularity, but not brought down prices for every customer. Photo: Reuters
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Maria Gonzalez-Miranda

Maria Gonzalez-Miranda

Maria Gonzalez-Miranda is practice manager in macroeconomics, trade, and investment global practice at the World Bank

Ivailo Izvorski

Ivailo Izvorski

Ivailo Izvorski is lead economist, in macroeconomics, trade, and investment global practice at the World Bank