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Der Telegraf als Vorbote von Big Data

18 May 2014

Wien - Was bringt Kommunikation? Wenn neue Technologien zu einer Flut und Schnelligkeit von Information fuhren, was haben Unternehmen und Konsumenten davon? Die Frage ist in Zeiten von Internet und Big Data aktueller denn je. Die osterreichische Okonomin Claudia Steinwender, die ab 2015 als Assistant-Professor an der Harvard Business School forschen wird, hat in einer Studie die Auswirkung von Information auf den Handel analysiert. Dafur hat sie sich die Einfuhrung des transatlantischen Telegrafen angesehen, der ab dem 28. Juli 1866 die USA und Großbritannien fast in Echtzeit miteinander verband.
The telegraph as a harbinger of big data
Vienna - what is communication? If new technologies lead to a flood and speed of information, what businesses and consumers of it? The question is timelier than ever in times of Internet and big data. The Austrian economist Claudia Steinwender, who is conducting research in 2015 as Assistant Professor at the Harvard Business School, has analyzed the impact of information on the trade in a study. For that she viewed the introduction of the transatlantic Telegraph, connected the United States and the United Kingdom from July 28, 1866 almost in real time.

This article was published online by Derstandard.at on May 18, 2014
Link to article here

Related Publications
Victorian internet: the trade impact of the transatlantic telegraph, Claudia Steinwender. Article in CentrePiece 19(1) Spring 2014
Information Frictions and the Law of One Price: When the States and the Kingdom became United, Claudia Steinwender. London School of Economics and Political Science mimeo, April 2014

Related Links Claudia Steinwender webpage
Labour Markets Programme webpage

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