The Information Metamorphosis in Economics


Speaker


Abstract

Life in the 21st century is perhaps best characterized by the information trace we leave behind us. Not only do we have access to ever larger amounts of information than we have had before, but we can also monitor and observe more processes than ever before, capturing large quantities of data and information. Most of our current economics activities revolve around generating, managing, processing and exploiting this information. The ubiquitous availability of information brings new challenges to the business and the society. In this inaugural address, we consider some of these challenges and discuss how the interaction between economics and other disciplines can provide new approaches to address the new challenges. In particular, we concentrate on the interaction between economics and computer science, and argue that it can contribute to increase the global impact of economics and business research in the Netherlands.
 
Contact information:
Ronald de Groot
Email