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 | 10/04 | On Data Ecology | 1. Introductions, 2. The Data Ecology Agenda and the role of the “value of data” 3. Dataflow Thinking 4. Discussion: what is the value of data? why do we care 5. Assignments and Grading | ||
| 2 | 10/11 | What is the Value of Data? Theory and Systematization of the Value of Data 1/2 | 1. Definitions 2. Examples 3. Paper discussion 4. Applying Dataflow Thinking (example in class) | Come ready with an answer to “what is the value of data?” and read 1-. Carriere-Swallow, Mr Yan, and Mr Vikram Haksar. The economics and implications of data: an integrated perspective. International Monetary Fund, 2019. 2-. Mike Fleckenstein, Ali Obaidi, and Nektaria Tryfona A Review of Data Valuation Approaches and Building and Scoring a Data Valuation Model HDSR 2023 3-. Diane Coyle and Luca Gamberi A real options approach to data valuation Business Economics 2024 | RO1 assigned |
| 3 | 10/18 | Workshop | Come prepared with a data ecosystem of your choosing. In class, you will work on A1, where you will apply dataflow thinking to the data ecosystem you have chosen. | ||
| 4 | 10/25 | Research Talks | RO1 due | ||
| 5 | 11/01 | Value of Data and Marketplaces (1): A Broad Overview and a Concrete Proposal | 1-. Carriere-Swallow, Mr Yan, and Mr Vikram Haksar. The economics and implications of data: an integrated perspective. International Monetary Fund, 2019. 2-. Agarwal, Anish and Dahleh, Munther and Sarkar, Tuhin A Marketplace for Data: An Algorithmic Solution. EC 2019 | ||
| 6 | 11/08 | More data ecology, “macro” view of data, and data pricing | 1-. Bridget Fahey. Data Federalism Harvard Law Review, 2022 2-. Charles Jones, Christopher Tonetti, Nonrivalry and the economics of data, American Economic Review. 2020 3-. Abraham Thomas How to Price a Data Asset Online, May 2024 | ||
| 7 | 11/15 | Continuation of previous discussion | RO2 assigned | ||
| 8 | 11/22 | Individual-Platform Data Markets and possible Interventions | 1-. Jack Henderson, Matt Prewitt. Data Coalitions and Escrow Agents RadicalXchange. 2023 2-. Mozilla Insights (Data Futures Lab) Is that even legal? A guide for builders experimenting with data governance in the United States. 2023 3-. Dirk Bergemann, Alessandro Bonatti, Tan Gan The Economics of Social Data. RAND Journal of Economics. 2022 | ||
| 9 | 12/06 | Invited talks by i) CRSP and ii) CTO of UChicago. Summary of quarter | 1-. Gerald Feltham. The Value of Information. The Accounting Review. 1968 | RO2 due |