Collaborative Research: The Economics of Algorithms, Computing Capacity, and Data — NSF Award to Massachusetts Institute of Techno
Algorithms, cloud computing, and data define the infrastructure of the modern digital economy. The prices users pay for computation, software services, and information must reflect the true value to society of these goods. This is necessary in a market economy both because such prices help foster innovation and because
| Award title | Collaborative Research: The Economics of Algorithms, Computing Capacity, and Data |
|---|---|
| Award ID | 2519401 |
| Awardee | Massachusetts Institute of Technology |
| City | CAMBRIDGE |
| State | MA |
| Amount obligated | $226,000 |
| Principal investigator | Alessandro Bonatti |
| Program | Economics |
| Start date | 08/01/2025 |
| Abstract | Algorithms, cloud computing, and data define the infrastructure of the modern digital economy. The prices users pay for computation, software services, and information must reflect the true value to society of these goods. This is necessary in a market economy both because such prices help foster innovation and because they lead to efficient use of resources. This research analyzes three linked questions: (i) how to price the tokens that govern access to large language models; (ii) how to design |
| Source | NSF Awards |
$799/mo
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