Data is most crucial and essential building block for any data mining and AI application exist out there. More significantly, deep learning approaches require massive datasets. We know that the theory and algorithms have been around for quite a while however the ability to process the huge...

In several European merger cases competition authorities have demanded that the merging firm auctions off virtual capacity. The buyer of virtual capacity receives an option on an amount of output at a pre-specified price, typically equal to marginal cost. This output is sold in the market in...

Applying economic analysis, we explore the potential benefits and risks associated with firm-based and social production models and derive conditions that determine when open or closed innovation models are more appropriate. We contrast the newly emerging "user-generated approach" to innovation...