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

Author

Listed:
  • Alain Marciano

    (MRE - Montpellier Recherche en Economie - UM - Université de Montpellier, MRE - Montpellier Recherche en Economie - UM - Université de Montpellier)

  • Antonio Nicita

    (LUMSA Università - Libera Università degli Studi Maria SS. Assunta di Roma [Italia] = Maria SS. Assunta University of Rome [Italy] = Université LUMSA [Rome, Italie])

  • Giovanni Battista Ramello

    (UPO - Università degli Studi del Piemonte Orientale - Amedeo Avogadro)

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.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Alain Marciano & Antonio Nicita & Giovanni Battista Ramello, 2020. "Big data and big techs: understanding the value of information in platform capitalism," Post-Print hal-03045436, HAL.
    • Handle: RePEc:hal:journl:hal-03045436
    DOI: 10.1007/s10657-020-09675-1
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    Cited by:

    1. Alain Marciano & Antonio Nicita & Giovanni Battista Ramello, 2020. "Puzzles in the big data revolution: an introduction," European Journal of Law and Economics, Springer, vol. 50(3), pages 339-344, December.
    2. Anastasia A. Morosanova, 2023. "Strengthening personal data regulation in Russia: Economic implications and risks," Upravlenets, Ural State University of Economics, vol. 14(5), pages 29-46, November.
    3. Mendonça, Sandro & Silva, Eduardo & Damásio, Bruno, 2025. "The knowledge base of Big Tech: Research as a source of informational leadership by the dominant US digital platforms," Telecommunications Policy, Elsevier, vol. 49(7).
    4. Thomas Eger & Marc Scheufen, 2024. "The law and economics of the data economy: introduction to the special issue," European Journal of Law and Economics, Springer, vol. 57(1), pages 93-111, April.
    5. Alexandre Chirat, 2022. "Consumer sovereignty in the digital society," EconomiX Working Papers 2022-25, University of Paris Nanterre, EconomiX.
    6. Matteo Migheli & Giovanni B. Ramello, 2021. "The unbearable lightness of scientometric indices," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(8), pages 1933-1944, December.
    7. Nathalie de Marcellis-Warin & Frédéric Marty & Eva Thelisson & Thierry Warin, 2020. "Artificial Intelligence and Market Manipulations: Ex-ante Evaluation in the Regulator's Arsenal," Working Papers halshs-03041690, HAL.

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