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The Data Economy: Tools and Applications 2025
The Data Economy: Tools and Applications is an English-language economics textbook published in 2025 by Princeton University Press. Written by Isaac Baley and Laura Veldkamp, the book serves as a 320-page guide that follows Information Choice in Macroeconomics and Finance from 2011. It uses mathematical models and analytical frameworks to explore how data functions as an economic asset within modern economies. The authors consider data as a manufactured input influenced by economic incentives. The textbook examines data’s role in reducing uncertainty, generating feedback loops in business operations, and reshaping market dynamics. Chapters cover statistical tools, data acquisition strategies, market power, platform economics, and policy issues such as privacy concerns.
Details
- Publisher
- Princeton University Press
- ISBN
- 9780691256726
- Pages
- 320
