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A data intermediary acquires signals from individual consumers regarding their preferences. The intermediary resells the information in a product market wherein firms and consumers tailor their choices to the demand data. The social…
Today, web-based companies use user data to provide and enhance services to users, both individually and collectively. Some also analyze user data for other purposes, for example to select advertisements or price offers for users. Some even…
The European Commission recently introduced new regulation to harmonize transparency reporting of large online platforms under the Digital Services Act (DSA). Here, we present the first systematic evaluation of transparency reporting data…
In modern markets, many companies offer so-called 'free' services and monetize consumer data they collect through those services. This paper argues that consumer law and data protection law can usefully complement each other. Data…
Due to recent advances in data collection techniques, massive amounts of data are being collected at an extremely fast pace. Also, these data are potentially unbounded. Boundless streams of data collected from sensors, equipments, and other…
Investment in research and development is a key factor in increasing countries' competitiveness. However, its impact can potentially be broader and include other socially relevant elements like job quality. In effect, the quantity of…
As we move towards more data intensive, device centric global communication networks, our ability to usefully harvest these large datastores is degrading. The widening asymmetry in the explosive growth of data versus our ability to use it,…
We address the challenging problem of dynamically pricing complementary items that are sequentially displayed to customers. An illustrative example is the online sale of flight tickets, where customers navigate through multiple web pages.…
Privacy regulations often necessitate a balance between safeguarding consumer privacy and preventing economic losses for firms that utilize consumer data. However, little empirical evidence exists on how such laws affect firm performance.…
This paper addresses critical questions surrounding the security of government-issued identity documents and their potential misuse, with an emphasis on understanding the perspectives of ordinary citizens across Europe and the United States…
Crowdfunding has emerged as a widespread strategy for startups seeking financing, particularly through reward-based methods. However, understanding its economic impact at both micro and macro levels requires thorough analysis, often…
This paper describes opportunities and challenges of using functional data analysis (FDA) for the exploration and analysis of data originating from electronic commerce (eCommerce). We discuss the special data structures that arise in the…
This paper presents our preprocessing and clustering analysis on the clickstream dataset proposed for the ECMLPKDD 2005 Discovery Challenge. The main contributions of this article are double. First, after presenting the clickstream dataset,…
With online shopping gaining massive popularity over the past few years, e-commerce platforms can play a significant role in tackling climate change and other environmental problems. In this study, we report that the "attitude-behavior" gap…
A recent McKinsey report estimates the economic impact of the Internet of Things (IoT) to be between $3.9 to $11 trillion dollars by 20251 . IoT has the potential to have a profound impact on our daily lives, including technologies for the…
A central requirement of the European Union's Digital Services Act (DSA) is that online platforms undergo internal and external audits. A key component of these audits is the assessment of systemic risks, including the dissemination of…
Demand forecasting in the online fashion industry is particularly amendable to global, data-driven forecasting models because of the industry's set of particular challenges. These include the volume of data, the irregularity, the high…
Personal data is an attractive source of insights for a diverse field of research and business. While our data is highly valuable, it is often privacy-sensitive. Thus, regulations like the GDPR restrict what data can be legally published,…
This paper elaborates on the Triple Helix model for measuring the emergence of a knowledge base of socio-economic systems. The 'knowledge infrastructure' is measured using multiple indicators: webometric, scientometric, and technometric.…
For many companies, competitiveness in e-commerce requires a successful presence on the web. Web sites are used to establish the company's image, to promote and sell goods and to provide customer support. The success of a web site affects…