July, 2015 | Data Economics

Nature Ontologies project page

2015-07-14 / 0 comments

This site describes the RDF ontologies used by Macmillan Science and Education for content publishing. We are sharing these in order to contribute to the wider linked data community and to provide a public reference for our data models.

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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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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D3.js – Data Driven Documents

2015-07-10 / 0 comments

Great Java-Script Library with tons of visualizations. Check it out: http://d3js.org/ D3.js is a JavaScript library for manipulating documents based on data. D3 helps you bring data to life using HTML, SVG, and CSS. D3’s emphasis on web standards gives you the full capabilities of modern browsers without tying yourself to a proprietary framework, combining…

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Data sources: economics of digitization

2015-07-09 / 0 comments

This site links to data sources for research in the economics of digitization. See the Table of Contents (on the right) for a list of topics covered, or scroll down the page. For more information, please contact Shane Greenstein and Imke Reimers. A general description of the field is available on wikipedia: (https://en.wikipedia.org/wiki/Economics_of_Digitization) [Source]

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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