Communication and the Transformation of Economics

2015-07-16 / 0 comments

Robert E. Babe’s (1995) compilation of essays provides a profound critique of the reductionist conception of information and communication in neoclassical economics. Here are some outtakes: [D]ue to perfunctory and ill-conceived conceptions of information and communication, maintream economics promotes and “justifies” policies (summarized in this book as “neoconservative policy agenda”) that increase disparities […]. (ibid.,…

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Decline of the hyperlink

2015-07-16 / 0 comments

Nice read by Hossein Derakhshan on the changing nature of the web as a democratic tool for communication: The Web We Have to Save His points in brief: The web has changed dramatically since the massive uptake of social media in 2008. New mechanisms to build and maintain visibility, credibility and reputation have emerged. Hyperlinks,…

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Open Data Institute: The Data Spectrum

2015-07-16 / 0 comments

The Data Spectrum helps you understand the language of data Some of us worry about personal health records being “made open”. Some confuse commercial and personal data, or mix up “big data” with “open data”. To unpack data’s challenges and its benefits, we need to be precise about what these things mean. They should be…

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Book: The Economics of Digitization

2015-07-15 / 0 comments

The International Library of Critical Writings in Economics series Edited by Shane Greenstein, Professor and Kellogg Chair of Information Technology, Northwestern University, US, Avi Goldfarb, Professor of Marketing, University of Toronto, Canada and Catherine Tucker, Mark Hyman Jr. Career Development Professor and Associate Professor of Marketing, MIT Sloan School of Management, US This authoritative collection,…

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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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Thoughts on Philology- A tribute to Hermann Usener

2015-06-23 / 0 comments

Only through devoted preoccupation with the spiritual traces of vanished times, that is to say through philological research, can we train ourselves to feel with the past; then gradually sympathetic strains may be set in motion within us so that we find in our own consciousness the threads that link ancient and modern times. A…

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Language & Myth – A tribute to Ernst Cassirer

2015-06-21 / 0 comments

Ernst Cassirer (1874-1945),  a predecessor of the Vienna Circle and pioneer in modern linguistics and cultural philosophy, says any linguistic construct is mythological in its essence. […] all symbolism harbors the curse of mediacy; it is bound to obscure what it seeks to reveal. […] Consequently all schemata which science evolves in order to classify,…

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