Ontology Economics
Hepp, Martin / Tolksdorf, Robert
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 cre...