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.
- Language
-
Englisch
- Bibliographic citation
-
Series: ETLA Working Papers ; No. 53
- Classification
-
Wirtschaft
Market Design
Asymmetric and Private Information; Mechanism Design
Contract Law
Transactional Relationships; Contracts and Reputation; Networks
Intellectual Property and Intellectual Capital
- Subject
-
Data marketplaces
Data trading
Market design
- Event
-
Geistige Schöpfung
- (who)
-
Koutroumpis, Pantelis
Leiponen, Aija
Thomas, Llewellyn D. W.
- Event
-
Veröffentlichung
- (who)
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The Research Institute of the Finnish Economy (ETLA)
- (where)
-
Helsinki
- (when)
-
2017
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Koutroumpis, Pantelis
- Leiponen, Aija
- Thomas, Llewellyn D. W.
- The Research Institute of the Finnish Economy (ETLA)
Time of origin
- 2017
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