Business Models | Data Economics

Quandl

2015-07-14 / 0 comments

Quandl is a Data Platform. We host data from hundreds of publishers on a single easy-to-use website. We make it easy for data users to get the data they need in the format they want. Founded in 2012, Quandl is a Canadian technology company backed by some of the world’s leading venture capital firms.

World Bank: Open Data for Economic Growth

2015-07-14 / 0 comments

This paper examines the evidence for the economic potential of Open Data and concludes that, despite a variation in published estimates and some methodological difficulties, the potential is very large indeed. It reviews the latest data about companies using Open Data, and highlights four companies which did not exist ten years ago, which are driven…

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The Economics of Shared Data Plans

2015-07-12 / 0 comments

In this paper, we introduce a simple analytical framework to model the tradeoffs between choosing a shared data plan and individual data plans for different devices from a consumer perspective. In particular, we show that even in this simplified setting, this choice is non-trivial for a consumer, with a complex dependency on users’ psychology of…

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Book: Economic Analysis of the Digital Economy

2015-07-12 / 0 comments

Edited by Avi Goldfarb, Shane M. Greenstein, and Catherine E. Tucker 528 pages | 18 halftones, 106 line drawings, 53 tables | 6 x 9 | © 2015 National Bureau of Economic Research Conference Report As the cost of storing, sharing, and analyzing data has decreased, economic activity has become increasingly digital. But while the…

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The Economics of Data: Quality, Value & Exchange in Web Observatories

2015-07-09 / 0 comments

The aim of this paper is to present a requirement for assessing the quality of data and the development of efficient methods of valuing and exchanging data among Web Observatories. Using economic and business theory a range of concepts are explored which include a brief review of existing business structures related to the exchange of…

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Costs and Benefits of Data Provision

2015-07-09 / 0 comments

Nice study by John Houghton (Report to the Australian National Data Service 2011) on Open Government Data. The report investigates the cost-benefit-ration of open data strategies of the Australian government. It focuses on three main elements: The costs and cost savings experienced by PSI producing agencies involved in the provision of free and open access…

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What is Data Economics?

2015-07-01 / 0 comments

Data economics investigates the economic principles of data and its institutionalisation thereof in the form of industries, regulations and socio-economic effects deriving from it. From a business model perspective data economics tries to […] align data exchange and revenue generation as part of the same positive feedback mechanism, aligning investment in the service with calculable…

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GeoNames Premium Web Services

2015-06-22 / 0 comments

Geonames provides a number of premium services with various service levels for commercial users of their data. A nice example of how they make money out of open (government) data.