Measuring Transaction Costs in Spatial Data Infrastructures ...
Measuring Transaction Costs in Spatial Data Infrastructures ...
Measuring Transaction Costs in Spatial Data Infrastructures ...
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What was I deal<strong>in</strong>g with?<br />
• <strong>Transaction</strong>: an exchange of spatial data is a<br />
transaction; it <strong>in</strong>volves parties e.g. the seller and the<br />
buyer who have to exchange <strong>in</strong>formation about the<br />
product.<br />
• A transaction can be costly: an <strong>in</strong>vestment <strong>in</strong> time and<br />
effort.<br />
• Special characteristics of spatial data: characteristics<br />
of an experiential good; the user/buyer is able to<br />
estimate the fitness of use of the dataset for an<br />
application after test<strong>in</strong>g it.