Arbeitspapier

The (Unfulfilled) Potential of Data Marketplaces

Although industrial datasets are abundant and growing daily, they are not being shared or traded openly and transparently on a large scale. We investigate the nature of data trading with a conceptual market design approach and demonstrate the importance of provenance to overcome protection and quality concerns. We consider the requirements for data marketplaces, comparing existing data marketplaces against standard market design metrics and outline both centralized and decentralized multilateral designs. We assess the benefits and potential operational features of emerging multilateral designs. We conclude with future research directions.

Sprache
Englisch

Erschienen in
Series: ETLA Working Papers ; No. 53

Klassifikation
Wirtschaft
Market Design
Asymmetric and Private Information; Mechanism Design
Contract Law
Transactional Relationships; Contracts and Reputation; Networks
Intellectual Property and Intellectual Capital
Thema
Data marketplaces
Data trading
Market design

Ereignis
Geistige Schöpfung
(wer)
Koutroumpis, Pantelis
Leiponen, Aija
Thomas, Llewellyn D. W.
Ereignis
Veröffentlichung
(wer)
The Research Institute of the Finnish Economy (ETLA)
(wo)
Helsinki
(wann)
2017

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Koutroumpis, Pantelis
  • Leiponen, Aija
  • Thomas, Llewellyn D. W.
  • The Research Institute of the Finnish Economy (ETLA)

Entstanden

  • 2017

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