A Pricing Model for Data Markets | Semantic Scholar (2024)

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Data Market (opens in a new tab)Pricing Models (opens in a new tab)

33 Citations

What Is the Price of Data? A Measurement Study of Commercial Data Marketplaces
    Santiago Andrés AzcoitiaCostas IordanouNikolaos Laoutaris

    Computer Science, Business

    ArXiv

  • 2021

A first of its kind measurement study of the growing DM ecosystem and shed light on several totally unknown facts about it, showing that products about telecommunications, manufacturing, automotive, and gaming command the highest prices.

A Survey of Data Marketplaces and Their Business Models
    Santiago Andrés AzcoitiaNikolaos Laoutaris

    Computer Science, Business

    SIGMOD Rec.

  • 2022

This paper presents the results and conclusions from a comprehensive survey covering 190 commercial data trading entities, the types of data that their trade, as well as their business models and the technologies that they rely upon, and point to promising open research questions in the areas of data marketplace federation, pricing, and data ownership protection.

Understanding the Price of Data in Commercial Data Marketplaces
    Santiago Andrés AzcoitiaCostas IordanouNikolaos Laoutaris

    Business, Computer Science

    2023 IEEE 39th International Conference on Data…

  • 2023

This paper presents a first of its kind measurement study of the growing DM ecosystem, focused on understanding which features of data are actually driving their prices in the market.

Measuring the price of data in commercial data marketplaces
    Santiago Andrés AzcoitiaCostas IordanouNikolaos Laoutaris

    Computer Science, Business

    DE@CoNEXT

  • 2022

A first of its kind measurement study of the growing DM ecosystem, shedding light on several totally unknown facts about it, showing that data products listed in commercial DMs may cost from few to hundreds of thousands of US dollars.

  • 5
Data as economic goods
    Y. DemchenkoW. LosC. D. Laat

    Economics, Computer Science

  • 2018

The paper refers to other discussions and projects on defining data as consumable goods and market mechanisms that can be applied to data exchange, such as data markets, data exchange and industrial data space.

  • 2
  • PDF
A Survey on Data Pricing: From Economics to Data Science
    J. Pei

    Economics, Computer Science

    IEEE Transactions on Knowledge and Data…

  • 2022

A unified, interdisciplinary and comprehensive overview of the economics of data pricing is presented and the development and evolution of pricing models according to a series of fundamental principles are reviewed.

  • 71
  • PDF
Requirements for Data Valuation Methods
    Hannah SteinW. Maass

    Business, Computer Science

    HICSS

  • 2022

This work conducted semi-structured expert interviews to gain insights on data valuation methods and seven value-driving quality criteria and several challenges for future data valuation are derived from the empirical results.

  • 3
  • PDF
Data pricing strategy based on data quality
  • 55
  • Highly Influenced
Modern Data Pricing Models: Taxonomy and Comprehensive Survey
    Xiaoye MiaoHuanhuan PengXinyu HuangLu ChenYunjun GaoJianwei Yin

    Computer Science, Economics

    ArXiv

  • 2023

This paper divides the data pricing solutions into three major strategies and thirteen models, including query Pricing strategy, feature-based data pricing strategy, and pricing strategy in machine learning, which is so far the first attempt to classify so many existing data pricing models.

A Marketplace for Trading AI Models based on Blockchain and Incentives for IoT Data
    L. NguyenShashi Raj PandeyB. SoretA. BroeringP. Popovski

    Computer Science, Economics

    ArXiv

  • 2021

A new ecosystem of ML model trading over a trusted Blockchain-based network is proposed, where the buyer can acquire the model of interest from the ML market, and interested sellers spend local computations on their data to enhance that model's quality.

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11 References

The Pricing of Options and Corporate Liabilities
    F. BlackMyron S. Scholes

    Business, Economics

    Journal of Political Economy

  • 1973

If options are correctly priced in the market, it should not be possible to make sure profits by creating portfolios of long and short positions in options and their underlying stocks. Using this

  • 29,448
  • PDF
Measuring the Value Of Information - An Asset Valuation Approach
    D. MoodyPeter Walsh

    Business, Economics

    ECIS

  • 1999

An approach is proposed which adapts existing asset valuation methods to reflect the unique characteristics of information as an asset, and which may be used to measure IT effectiveness, increase organisational awareness of the value of information, guide IT strategic planning and cost-justify DSS/EIS developments.

  • 188
Big data: a revolution that will transform how we live, work, and think
    K. Armstrong

    Computer Science, Political Science

  • 2014

This chapter discusses how Wiki-Government and other open-source technologies can make government decisionmaking more expert and more democratic.

  • 848
Hybrid Traffic Data Collection Roadmap: Pilot Procurement of Third-Party Traffic Data
    B. Alexandre

    Engineering, Environmental Science

  • 2013

This research investigates the feasibility and the business case for purchasing third‐party probe data and fusing it with Caltrans’ existing data for the purpose of estimating travel times. The

  • 2
  • PDF
The end of theory: The data deluge makes the scientific method obsolete
    C. Anderson

    Computer Science, Business

  • 2008

The ability to capture, warehouse, and understand massive amounts of data is changing science, medicine, business, and technology, and so will the opportunity to find answers to fundamental questions.

  • 1,370
  • PDF

The Market for “Lemons”: Quality Uncertainty and the Market Mechanism

  • 1970

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