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CMSC-33580-1

The Value of Data

Schedule

Please, check out this schedule frequently as it will likely change a bit throughout the quarter. In addition, I will post readings for each week the previous week.

Lecture Date Lecture Keywords Readings Assignments
1 10/03 Data Ecology and Introduction to The Value of Data 1. Introductions 2. The Data Ecology Agenda 3. What is the value of data?    
2 10/10 Systematization 1. Definitions 2. Examples 3. Systematization of the Value of Data 1-. What is the Value of Data? A Theory and Systematization. Raul Castro Fernandez. ACM/IMS Journal of Data Science. 2025  
3 10/17 Value, Valuation, Pricing, Markets   Come ready with an answer to “what is the value of data?” and read 1-. Mike Fleckenstein, Ali Obaidi, and Nektaria Tryfona A Review of Data Valuation Approaches and Building and Scoring a Data Valuation Model HDSR 2023 2-. M Bendechache, J Attard, M Ebiele, R Brennan A systematic survey of data value: models, metrics, applications and research challenges IEEE Access 2023 3-. M Ebiele, M Bendechache, R Brennan Quantitative Data Valuation Methods: A Systematic Review and Taxonomy JDIQ 2025  
4 10/24 Data and Society   1-. Evelyn Ruppert, Engin Isin, and Didier Bigo. Data Politics Big Data and Society, 2017 2-. Jack Henderson, Matt Prewitt. Data Coalitions and Escrow Agents RadicalXchange. 2023 3-. Bridget Fahey. Data Federalism Harvard Law Review, 2022  
5 10/31 The Role of Data in Decision Making (Invited speaker: Arna Wömmel      
6 11/07 Towards a Theory of Equilibrium in Data Markets (Invited speaker: Bhaskar Ray Chaudhury)      
7 11/14 Data Economies: With and Without Money (Invited speakers: Pooja Kulkarni and Anihet Murhekar)      
8 11/21 On the value of data in decision-making (Invited speaker: Amine Bennouna)      
9 12/05 Project Discussion and Summary of the Quarter