On the Fairness of Quality-based Data Markets

08/05/2018
by   Dan Zhang, et al.
0

For data pricing, data quality is a factor that must be considered. To keep the fairness of data market from the aspect of data quality, we proposed a fair data market that considers data quality while pricing. To ensure fairness, we first design a quality-driven data pricing strategy. Then based on the strategy, a fairness assurance mechanism for quality-driven data marketplace is proposed. In this mechanism, we ensure that savvy consumers cannot cheat the system and users can verify each consumption with Trusted Third Party (TTP) that they are charged properly. Based on this mechanism, we develop a fair quality-driven data market system. Extensive experiments are performed to verify the effectiveness of proposed techniques. Experimental results show that our quality-driven data pricing strategy could assign a reasonable price to the data according to data quality and the fairness assurance mechanism could effectively protect quality-driven data pricing from potential cheating.

READ FULL TEXT

page 1

page 2

page 3

page 4

research
02/25/2022

Individual Fairness in Feature-Based Pricing for Monopoly Markets

We study fairness in the context of feature-based price discrimination i...
research
05/08/2017

How to Balance Privacy and Money through Pricing Mechanism in Personal Data Market

A personal data market is a platform including three participants: data ...
research
03/29/2020

Dealer: End-to-End Data Marketplace with Model-based Pricing

Data-driven machine learning (ML) has witnessed great successes across a...
research
02/24/2022

A fair pricing model via adversarial learning

At the core of insurance business lies classification between risky and ...
research
06/08/2023

Modern Data Pricing Models: Taxonomy and Comprehensive Survey

Data play an increasingly important role in smart data analytics, which ...
research
05/08/2023

SWDPM: A Social Welfare-Optimized Data Pricing Mechanism

Data trading has been hindered by privacy concerns associated with user-...

Please sign up or login with your details

Forgot password? Click here to reset