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Social and Behavioral Sciences Commons

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Yale University

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Full-Text Articles in Social and Behavioral Sciences

The Economics Of Social Data: An Introduction, Dirk Bergemann, Alessandro Bonatti Mar 2019

The Economics Of Social Data: An Introduction, Dirk Bergemann, Alessandro Bonatti

Cowles Foundation Discussion Papers

Large internet platforms collect data from individual users in almost every interaction on the internet. Whenever an individual browses a news website, searches for a medical term or for a travel recommendation, or simply checks the weather forecast on an app, that individual generates data. A central feature of the data collected from the individuals is its social aspect. Namely, the data captured from an individual user is not only informative about this specific individual, but also about users in some metric similar to the individual. Thus, the individual data is really social data. The social nature of the data …


The Economics Of Social Data: An Introduction, Dirk Bergemann, Alessandro Bonatti Mar 2019

The Economics Of Social Data: An Introduction, Dirk Bergemann, Alessandro Bonatti

Cowles Foundation Discussion Papers

Large internet platforms collect data from individual users in almost every interaction on the internet. Whenever an individual browses a news website, searches for a medical term or for a travel recommendation, or simply checks the weather forecast on an app, that individual generates data. A central feature of the data collected from the individuals is its social aspect. Namely, the data captured from an individual user is not only informative about this specific individual, but also about users in some metric similar to the individual. Thus, the individual data is really social data. The social nature of the data …