Nonrivalry and the Economics of Data

Nonrivalry and the Economics of Data
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DOI:
10.1257/aer.20191330
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发表时间:
2020-09-01
影响因子:
10.7
通讯作者:
Tonetti, Christopher
Tonetti, Christopher
中科院分区:
经济学1区
文献类型:
--
作者:
Jones, Charles, I;Tonetti, Christopher

文献摘要

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数据是不可竞争的:一个人的位置历史、医疗记录和驾驶数据可以同时被许多公司使用。非竞争性导致收益递增。因此,即使在存在隐私考虑的情况下,数据在公司间广泛使用也可能会带来社会收益。由于担心创造性破坏,企业可能会选择囤积数据,导致非竞争性数据的低效使用。将数据产权赋予消费者可以产生接近最优的分配。消费者在他们对隐私的担忧与广泛销售数据所带来的经济收益之间进行平衡。
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.