Data Management

Data Externality

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Executive Summary

In economics, an externality is an indirect effect of consumption or production activity on agents other than the originator of such activity. The authors observe that internet is enabling the design of information services that become smarter more they are used because of the data generated in the process. They give examples from web search to make the notion of data externality concrete and propose that thinking and designing for data externality could be an interesting direction for future data research.

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