Baley, Isaac
The Data Economy: Tools and Applications
- ISBN 13:
- 9780691256726
- author:
- Baley, Isaac
- format:
- Hardback
- publisher:
- Princeton University Press
- language:
- English
- Publication Year:
- 2006
- Pages:
- 320
- Dimensions:
- 23.6 x 15.8 x 3.4 centimetres (0
- Genre:
- Business, Economics, Theory,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
The Data Economy: A New Approach to Understanding the Role of Data in the Economy This book presents a novel research agenda for understanding the role of data in the economy, drawing on macroeconomics and finance frameworks. Data is recognized as digitized information that facilitates prediction and reduces uncertainty, and its impact is explored through theoretical models and practical applications. The authors provide tools and methods for analyzing the data economy, including assessing the economic value of data and understanding its influence on production, inflation, pricing dynamics, firm behavior, advertising, market power, and asset pricing.
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