Cave, Jonathan A. K. (2016) The ethics of data and of data science : an economist's perspective. Philosophical Transactions of the Royal Society A : Mathematical, Physical and Engineering Sciences, 374 (2083). 20160117. doi:10.1098/rsta.2016.0117 ISSN 1364-503X.

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Abstract

Data collection and modelling are increasingly important in social science and science-based policy, but threaten to crowd out other ways of thinking. Economists recognize that markets embody and shed light on human sentiments. However, their ethical consequences have been difficult to interpret, let alone manage. Although economic mechanisms are changed by data intensity, they can be redesigned to restore their benefits. We conclude with four cautions: if data are good, more may not be better; scientifically desirable data properties may not help policy; consent is a double-edged tool; and data exist only because someone thought to capture and codify them.

Item Type:	Journal Article
Divisions:	Faculty of Social Sciences > Economics
Journal or Publication Title:	Philosophical Transactions of the Royal Society A : Mathematical, Physical and Engineering Sciences
Publisher:	The Royal Society Publishing
ISSN:	1364-503X
Official Date:	14 November 2016
Dates:	Date Event 14 November 2016 Published 13 September 2016 Accepted
Volume:	374
Number:	2083
Article Number:	20160117
DOI:	10.1098/rsta.2016.0117
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access

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