Category: Databases

If you don’t like the answers, stop asking questions!

17 March, 2011 (16:10) | Appraisals, China, Databases, Global news, Indices, Innovations, Markets |

By: David A. Smith    Markets create information, and they depend on that information being reported and aggregated.  At the same time, markets can be manipulated by information – that’s why insider trading is illegal – so when the ostensibly reliable disinterested referees abandon scorekeeping, people can become upset, as reported in the Wall Street […]

Data paradox, Part 2: who pays for free data?

13 December, 2005 (15:06) | Databases, Housing, Program design |

In a previous post, I laid out three data paradoxes:   Information is more broadly valuable when it is freely available. Useful data is costly to assemble. There is no viable business model for public data dissemination. “Doctor, if I stop reading blogs, will I live?” “No.”   Given these harsh realities, how do we […]

The data paradox

12 December, 2005 (15:15) | Databases, Housing, Program design |

In a public-policy context, data availability and reliability is a paradox:   “I can’t believe he’s starting off with that hoary pun.”   In affordable housing, as in many areas of public policy, effective program design depends on having quality information available to policy-makers, and that leads us to the first data paradox:   “What […]