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What is the value of data? A review of empirical methods

Accepted version
Peer-reviewed

Type

Article

Change log

Authors

Manley, A 

Abstract

With the growing use of digital technologies, data has become core to many organisations’ decisions, with its value widely acknowledged across public and private sectors. Yet few comprehensive empirical approaches to establishing the value of data exist, and there is no consensus about which methods should be applied to specific data types or purposes. This paper examines a range of data valuation methodologies proposed in the existing literature. We propose a typology linking methods to different data types and purposes.

Description

Keywords

assets, data types, value of data

Journal Title

Journal of Economic Surveys

Conference Name

Journal ISSN

0950-0804
1467-6419

Volume Title

Publisher

Wiley
Sponsorship
Omidyar Network (Unknown)