Big data and big techs: understanding the value of information in platform capitalism

Alain Marciano, Antonio Nicita and Giovanni Ramello ()
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Antonio Nicita: Lumsa University

European Journal of Law and Economics, 2020, vol. 50, issue 3, No 2, 345-358

Abstract: Abstract One of the major challenges that result from the digital transformation occurring in our societies bears on its impact on the organization and regulation of the economy. This leads to a dramatic change to the economic institutions of capitalism—into what could be defined as platform capitalism—that rests on a fundamental dilemma between ‘decentralization’ on the one side and ‘concentration’ on the other. This is the main puzzle that the emergence of a big data driven economy is actually offering to law and economics scholars and to policy makers. This paper introduces to some of the major aspects of this dilemma.

Keywords: Big data; Platform capitalism; Regulation; Decentralization; Concentration (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (6)

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DOI: 10.1007/s10657-020-09675-1

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