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This paper starts with some basic economic characteristics of data that distinguish them from ordinary goods and services, including non-excludability and non-rivalry, economies of scope in data re-use and aggregation, the social value of data and their role in generating network effects. It...
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Digital platforms, empowered by artificial intelligence algorithms, facilitate efficient interactions between consumers and merchants that allow the collection of profiling information which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in...
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Recent literature has shown that the existence of supply and demand-side non-generic complementarities ("demand-side linkages") within ecosystems raises questions about the pertinence of defining a single relevant market comprising substitute products ("substitutability approach"). However,...
Persistent link: https://www.econbiz.de/10012695130
Economies of scale in data aggregation is a widely accepted concept. It refers to improved prediction accuracy when the number of observations on variables in a dataset increases. By contrast, economies of scope in data is more ambiguous. The classic economic interpretation refers to cost...
Persistent link: https://www.econbiz.de/10012695135
The arrival of digital data in agriculture opens the possibility to realise productivity gains through precision farming. It also raises questions about the distribution of these gains between farmers and agricultural service providers. Farmers' control of the data is often perceived as a means...
Persistent link: https://www.econbiz.de/10012390305
In February 2018 the EU adopted the Geo-Blocking Regulation that prohibits any attempts to restrict consumer access to e-commerce websites on the basis of their nationality or country of residence. This paper seeks to evaluate the impact of that policy on crossborder e-commerce. We use page view...
Persistent link: https://www.econbiz.de/10012390306
This paper is composed of two different parts. In the first part we provide a review of the existing literature dealing with geo-blocking in copyright-protected content. The material is divided between studies that focus on non-audio-visual content and those dealing wit h audiovisual content. In...
Persistent link: https://www.econbiz.de/10012390312