Economics of data (Part 3: Relationship between data and value and the monetisation framework) Phuah Eng Chye (15 August 2020) At the macroeconomic level, it is difficult to simplify the relationship between data and aggregate value. For example, the marginal revenue concept is used to explain why although data (like water) is essential, it is … Continue reading Economics of data (Part 3: Relationship between data and value and the monetisation framework)