Sustainable Digital Market Design: A Data-Based Approach to the Circular Economy

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dc.contributor.authorStaab, Philipp
dc.contributor.authorPietrĂ³n, Dominik
dc.contributor.authorHofmann, Florian
dc.contributor.organisationEinstein Center Digital Futureen
dc.contributor.organisationHumboldt-Universität zu Berlinen
dc.contributor.organisationTechnische Universität Berlinen
dc.date.accessioned2022-02-21T13:05:40Z
dc.date.available2022-02-21T13:05:40Z
dc.date.issued2022-02
dc.description.abstractMarkets must be designed properly to serve the common good. This is particularly evident in the digital economy, where platform companies have profoundly restructured value chains over the past 20 years. The European Union is currently undertaking a major regulatory effort to better shape digital platform markets. Yet, despite unprecedented existential pressures from environmental crises, sustainability goals are barely addressed. In this paper, we argue that the design of digital markets and information flows holds great potential for an ecological transformation of the economy. Based on a theoretical integration of the digital market design approach and the circular economy paradigm, we highlight the need for new market rules for the generation, storage, access, and use of product-related information that can help connect stakeholders and create new models for collaborative ecosystems. Based on a literature review of the potential of data-driven sustainability measures in the circular economy, we present a policy framework that includes the specific selection criteria needed to identify relevant data as well as recommendations for data sharing obligations. We find that, rather than a data economy that focuses on tracking human behavior, more product transparency and a systematic digital tracking of goods and materials is needed in order to change production and consumption systems towards economic activity that respects planetary boundaries.en
dc.identifier.urihttps://depositonce.tu-berlin.de/handle/11303/16239
dc.identifier.urihttp://dx.doi.org/10.14279/depositonce-15014
dc.language.isoenen
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/en
dc.subject.ddc300 Sozialwissenschaftende
dc.subject.othersustainabilityen
dc.subject.otherdata governanceen
dc.subject.othercircular economyen
dc.subject.othermarket designen
dc.subject.otherplatform regulationen
dc.subject.otherNachhaltigkeitde
dc.subject.otherDatenverwaltungde
dc.subject.otherKreislaufwirtschaftde
dc.subject.otherPlattformregulierungde
dc.titleSustainable Digital Market Design: A Data-Based Approach to the Circular Economyen
dc.title.translatedDigitale Marktgestaltung im Dienste der Nachhaltigkeit. Das Beispiel der Kreislaufwirtschaften
dc.typeResearch Paperen
dc.type.versionpublishedVersionen
tub.accessrights.dnbfreeen
tub.affiliationVerbundforschung::Einstein-Zentren::Einstein Center Digital Future (ECDF)de
tub.affiliation.facultyVerbundforschungde
tub.affiliation.groupEinstein Center Digital Future (ECDF)de
tub.affiliation.instituteEinstein-Zentrende
tub.publisher.universityorinstitutionTechnische Universität Berlinen
tub.series.issuenumber1en
tub.series.nameECDF Working Paper Seriesen

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