Title :
Understanding the value of (big) data
Author :
Pantelis, Koutroumpis ; Aija, Leiponen
Author_Institution :
Imperial Coll. Bus. Sch., Imperial Coll. London, London, UK
Abstract :
This paper acts as a primer on an economic outlook at the value and pricing of big data. We introduce a simple taxonomy, discuss rights to access and analyze the case of big data as a common pool resource.
Keywords :
data analysis; pricing; big data analysis; big data pricing; big data value understanding; economic outlook; Data handling; Data storage systems; Databases; Economics; Educational institutions; Information management; Pricing; big-data; common pool resource; data taxonomy; data trading; information rights;
Conference_Titel :
Big Data, 2013 IEEE International Conference on
Conference_Location :
Silicon Valley, CA
DOI :
10.1109/BigData.2013.6691691