The state of the art in ontology building, and modeling in general,
widely disregards the fact that the behavior of rational actors in
the modeling process will be driven by individual economic
incentives. Creating an ontology requires resources (e.g. labor)
from the contributing individuals. If there is a remote possibility
the overall benefit of an ontology might exceed the costs for
creating the ontology over its lifetime, it may not be created if
ita (TM)s not economically feasible for each individual required to
contribute.
Ontology Economics, an edited volume authored by distinguished
leaders in this field, provides a one-stop reference on the
economic dimension of building, committing to, and using ontologies
which are grounded by economic research. Linked to experience and
data from real-world ontology projects, this volume is concise and
self-contained.
A reference book for advanced-level students and researchers in
computer science and engineering; also useful for industry
practitioners.
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