Related papers: Market Model and Optimal Pricing Scheme of Big Dat…
Internet of things (IoT) has been proposed to be a new paradigm of connecting devices and providing services to various applications, e.g., transportation, energy, smart city, and healthcare. In this paper, we focus on an important issue,…
The development of the Internet of Things (IoT) generates a significant amount of data that contains valuable knowledge for system operations and business opportunities. Since the data is the property of the IoT data owners, the access to…
Internet of things (IoT) produces massive data from devices embedded with sensors. The IoT data allows creating profitable services using machine learning. However, previous research does not address the problem of optimal pricing and…
A big data service is any data-originated resource that is offered over the Internet. The performance of a big data service depends on the data bought from the data collectors. However, the problem of optimal pricing and data allocation in…
Internet of things (IoT) has emerged as a new paradigm for the future Internet. In IoT, enormous devices are connected to the Internet and thereby being a huge data source for numerous applications. In this article, we focus on addressing…
This paper considers a market for trading Internet of Things (IoT) data that is used to train machine learning models. The data, either raw or processed, is supplied to the market platform through a network and the price of such data is…
Internet of Things (IoT) technology is a fundamental infrastructure for information transmission and integration in smart city implementations to achieve effective fine-grained city management, efficient operations, and improved life…
Big Data in IoT is a large and fast-developing area where many different methods and techniques can play a role. Due to rapid progress in Machine Learning and new hardware developments, a dynamic turnaround of methods and technologies can…
The idea of an open data market envisions the creation of a data trading model to facilitate exchange of data between different parties in the Internet of Things (IoT) domain. The data collected by IoT products and solutions are expected to…
The $\textit{data market design}$ problem is a problem in economic theory to find a set of signaling schemes (statistical experiments) to maximize expected revenue to the information seller, where each experiment reveals some of the…
Data play an increasingly important role in smart data analytics, which facilitate many data-driven applications. The goal of various data markets aims to alleviate the issue of isolated data islands, so as to benefit data circulation. The…
A data marketplace is an online venue that brings data owners, data brokers, and data consumers together and facilitates commoditisation of data amongst them. Data pricing, as a key function of a data marketplace, demands quantifying the…
Data are invaluable. How can we assess the value of data objectively, systematically and quantitatively? Pricing data, or information goods in general, has been studied and practiced in dispersed areas and principles, such as economics,…
Advances in sensing and computing capabilities are making it possible to embed increasing computing power in small devices. This has enabled the sensing devices not just to passively capture data at very high resolution but also to take…
The massive deployment of Internet of Things (IoT) devices, including sensors and actuators, is ushering in smart and connected communities of the future. The massive deployment of Internet of Things (IoT) devices, including sensors and…
This paper provides a state-of-the-art literature review on economic analysis and pricing models for data collection and wireless communication in Internet of Things (IoT). Wireless Sensor Networks (WSNs) are the main component of IoT which…
Data is the new oil of the 21st century. The growing trend of trading data for greater welfare has led to the emergence of data markets. A data market is any mechanism whereby the exchange of data products including datasets and data…
Over the last few years, we have seen a plethora of Internet of Things (IoT) solutions, products and services, making their way into the industry's market-place. All such solution will capture a large amount of data pertaining to the…
In this paper, we study the problem of resource allocation as well as pricing in the context of Internet of things (IoT) networks. We provide a novel pricing model for IoT services where all the parties involved in the communication…
We propose a decentralized conceptual marketplace model for IoT generated personal data. Our model is based on a thorough analysis of personal data in a marketplace context, with specific focus on the challenges presented by commercializing…