The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
Nonrivalry and the Economics of Data
Open accessAbstract
Data is nonrival: a person’s location history, medical records, and driving data can be used by many firms simultaneously. Nonrivalry leads to increasing returns. As a result, there may be social gains to data being used broadly across firms, even in the presence of privacy considerations. Fearing creative destruction, firms may choose to hoard their data, leading to the inefficient use of nonrival data. Giving data property rights to consumers can generate allocations that are close to optimal. Consumers balance their concerns for privacy against the economic gains that come from selling data broadly. (JEL C80, D11, D21, D83, E22, K11, O34)
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Cites
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The Changing Economics of Knowledge Production
Abis, S., & Veldkamp, L. (2023) · The Review of Financial Studies · doi:10.1093/rfs/hhad059 · Cited by 167
Beraja, M., Kao, A., Yang, D. Y., & Yuchtman, N. (2023) · The Quarterly Journal of Economics · doi:10.1093/qje/qjad012 · Cited by 133
The role of data for AI startup growth
Bessen, J., Impink, S. M., Reichensperger, L., & Seamans, R. (2022) · Research Policy · doi:10.1016/j.respol.2022.104513 · Cited by 102
How AI can learn from the law: putting humans in the loop only on appeal
Cohen, I. G., Babic, B., Gerke, S., Xia, Q., Evgeniou, T., & Wertenbroch, K. (2023) · npj Digital Medicine · doi:10.1038/s41746-023-00906-8 · Cited by 51
Metadata
- Authors
- Jones, C. I., & Tonetti, C.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2020-09-01
- Volume
- 110
- Issue
- 9
- Pages
- 2819-2858
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2910976764
- Cited by
- 905
- References
- 3
- FWCI
- 63.99
- Type
- journal article
- Language
- en
- Open access
- bronze
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