economics | Data Economics

Big Data Propaganda

2015-07-14 / 0 comments

A typical piece opf propaganda on Big Data and added value derived from business analytics provided by Cognizant Technology Solutions in conjunction with Oxford Economics. It’s in the data, stupid! Read yourself: The Value of Signal (and the Cost of Noise) – The New Economics of Meaning-Making

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 Data Revolution and Economic Analysis

2015-07-10 / 0 comments

This paper by Liran Einav & Jonathan Levin (both Stanford University and NBER)was prepared for the NBER Innovation Policy and the Economy conference in April 2013. Many believe that “big data” will transform business, government, and other aspects of the economy. In this article we discuss how new data may impact economic policy and economic…

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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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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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STW Thesaurus for Economics

2015-06-22 / 0 comments

The STW Thesaurus for Economics might be helpful while searching ZBW’s economics portal EconBiz and the ECONIS catalogue on economic issues (simply via or icon). The thesaurus provides vocabulary on any economic subject: more than 6,000 standardized subject headings and about 19,000 entry terms to support individual keywords. You can also find technical terms used…

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