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We initiate the study of markets for private data, though the lens of differential privacy. Although the purchase and sale of private data has already begun on a large scale, a theory of privacy as a commodity is missing. In this paper, we…

Computer Science and Game Theory · Computer Science 2011-11-30 Arpita Ghosh , Aaron Roth

In the digital age, data is a valuable commodity, and data marketplaces offer lucrative opportunities for data owners to monetize their private data. However, data privacy is a significant concern, and differential privacy has become a…

Multiagent Systems · Computer Science 2023-08-01 Weidong Li , Mengxiao Zhang , Libo Zhang , Jiamou Liu

We study a market for private data in which a data analyst publicly releases a statistic over a database of private information. Individuals that own the data incur a cost for their loss of privacy proportional to the differential privacy…

Computer Science and Game Theory · Computer Science 2012-10-01 Pranav Dandekar , Nadia Fawaz , Stratis Ioannidis

Personal data is an attractive source of insights for a diverse field of research and business. While our data is highly valuable, it is often privacy-sensitive. Thus, regulations like the GDPR restrict what data can be legally published,…

Cryptography and Security · Computer Science 2022-06-16 Stefan More , Lukas Alber

Single-shot auctions are commonly used as a means to sell goods, for example when selling ad space or allocating radio frequencies, however devising mechanisms for auctions with multiple bidders and multiple items can be complicated. It has…

Machine Learning · Computer Science 2023-03-02 Alex Stein , Avi Schwarzschild , Michael Curry , Tom Goldstein , John Dickerson

Very recently, we are witnessing the emergence of a number of start-ups that enables individuals to sell their private data directly to brokers and businesses. While this new paradigm may shift the balance of power between individuals and…

Cryptography and Security · Computer Science 2017-01-04 Javier Parra-Arnau

A personal data market is a platform including three participants: data owners (individuals), data buyers and market maker. Data owners who provide personal data are compensated according to their privacy loss. Data buyers can submit a…

Computers and Society · Computer Science 2018-01-03 Rachana Nget , Yang Cao , Masatoshi Yoshikawa

There is a growing trend regarding perceiving personal data as a commodity. Existing studies have built frameworks and theories about how to determine an arbitrage-free price of a given query according to the privacy loss quantified by…

Cryptography and Security · Computer Science 2021-11-24 Shuyuan Zheng , Yang Cao , Masatoshi Yoshikawa

We study methods to enhance statistical privacy in blockchain transactions. We analyze economic mechanisms for privacy-aware transaction owners whose utility depends not only on the outcome of the mechanism but also negatively on the…

Computer Science and Game Theory · Computer Science 2026-05-19 Georgios Chionas , Olga Gorelkina , Piotr Krysta , Rida Laraki

The question we raise through this paper is: Is it economically feasible to trade consumer personal information with their formal consent (permission) and in return provide them incentives (monetary or otherwise)?. In view of (a) the…

Computers and Society · Computer Science 2020-12-11 Ranjan Pal , Yixuan Wang , Swades De , Bodhibrata Nag , Pan Hui

We present a new approach to machine learning-powered combinatorial auctions, which is based on the principles of Differential Privacy. Our methodology guarantees that the auction mechanism is truthful, meaning that rational bidders have…

Computer Science and Game Theory · Computer Science 2024-05-20 Arash Jamshidi , Seyed Mohammad Hosseini , Seyed Mahdi Noormousavi , Mahdi Jafari Siavoshani

Concern about how to aggregate sensitive user data without compromising individual privacy is a major barrier to greater availability of data. The model of differential privacy has emerged as an accepted model to release sensitive…

Databases · Computer Science 2017-10-03 Graham Cormode , Tejas Kulkarni , Divesh Srivastava

Personal data has value to both its owner and to institutions who would like to analyze it. Privacy mechanisms protect the owner's data while releasing to analysts noisy versions of aggregate query results. But such strict protections of…

Cryptography and Security · Computer Science 2013-04-08 Chao Li , Daniel Yang Li , Gerome Miklau , Dan Suciu

We consider a scenario in which a database stores sensitive data of users and an analyst wants to estimate statistics of the data. The users may suffer a cost when their data are used in which case they should be compensated. The analyst…

Computer Science and Game Theory · Computer Science 2012-04-19 Lisa Fleischer , Yu-Han Lyu

Diffusion auction refers to an emerging paradigm of online marketplace where an auctioneer utilises a social network to attract potential buyers. Diffusion auction poses significant privacy risks. From the auction outcome, it is possible to…

Computer Science and Game Theory · Computer Science 2023-02-17 Fengjuan Jia , Mengxiao Zhang , Jiamou Liu , Bakh Khoussainov

With the proliferation of the digital data economy, digital data is considered as the crude oil in the twenty-first century, and its value is increasing. Keeping pace with this trend, the model of data market trading between data providers…

Computer Science and Game Theory · Computer Science 2022-06-23 Sayan Biswas , Kangsoo Jung , Catuscia Palamidessi

Personal data is becoming one of the most essential resources in today's information-based society. Accordingly, there is a growing interest in data markets, which operate data trading services between data providers and data consumers. One…

Computer Science and Game Theory · Computer Science 2022-06-23 Kangsoo Jung , Sayan Biswas , Catuscia Palamidessi

The design of data markets has gained importance as firms increasingly use machine learning models fueled by externally acquired training data. A key consideration is the externalities firms face when data, though inherently freely…

Computer Science and Game Theory · Computer Science 2024-10-22 Anish Agarwal , Munther Dahleh , Thibaut Horel , Maryann Rui

With the widespread application of machine learning technology in recent years, the demand for training data has increased significantly, leading to the emergence of research areas such as data trading. The work in this field is still in…

Computer Science and Game Theory · Computer Science 2024-05-14 Kongyang Chen , Zeming Xu , Bing Mi

Large organizations that collect data about populations (like the US Census Bureau) release summary statistics that are used by multiple stakeholders for resource allocation and policy making problems. These organizations are also legally…

Databases · Computer Science 2021-11-08 David Pujol , Yikai Wu , Brandon Fain , Ashwin Machanavajjhala
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