Inicio  /  Information  /  Vol: 10 Par: 4 (2019)  /  Artículo
ARTÍCULO
TITULO

Personal Data Market Optimization Pricing Model Based on Privacy Level

Jian Yang and Chunxiao Xing    

Resumen

In the era of the digital economy, data has become a new key production factor, and personal data represents the monetary value of a data-driven economy. Both the public and private sectors want to use these data for research and business. However, due to privacy issues, access to such data is limited. Given the business opportunities that have gaps between demand and supply, we consider establishing a private data market to resolve supply and demand conflicts. While there are many challenges to building such a data market, we only focus on three technical challenges: (1) How to provide a fair trading mechanism between data providers and data platforms? (2) What is the consumer?s attitude toward privacy data? (3) How to price personal data to maximize the profit of the data platform? In this paper, we first propose a compensation mechanism based on the privacy attitude of the data provider. Second, we analyze consumer self-selection behavior and establish a non-linear model to represent consumers? willingness to pay (WTP). Finally, we establish a bi-level programming model and use genetic simulated annealing algorithm to solve the optimal pricing problem of personal data. The experimental results show that multi-level privacy division can meet the needs of consumers and maximize the profit of data platform.

 Artículos similares

       
 
Moritz Müller, Ambre Dupuis, Tobias Zeulner, Ignacio Vazquez, Johann Hagerer and Peter A. Gloor    
Well-being is one of the pillars of positive psychology, which is known to have positive effects not only on the personal and professional lives of individuals but also on teams and organizations. Understanding and promoting individual well-being is esse... ver más
Revista: Applied Sciences

 
Razvan Rughini?, Emanuela Bran, Ana Rodica Staiculescu and Alexandru Radovici    
This article examines configurations of digital concerns within the European Union (EU27), a leading hub of innovation and policy development. The core objective is to uncover the social forces shaping technology acceptance and risk awareness, which are ... ver más
Revista: Information

 
Harshvardhan J. Pandit    
Solid is a new radical paradigm based on decentralising control of data from central organisations to individuals that seeks to empower individuals to have active control of who and how their data is being used. In order to realise this vision, the use-c... ver más
Revista: Information

 
Haleh Asgarinia, Andres Chomczyk Penedo, Beatriz Esteves and Dave Lewis    
News about personal data breaches or data abusive practices, such as Cambridge Analytica, has questioned the trustworthiness of certain actors in the control of personal data. Innovations in the field of personal information management systems to address... ver más
Revista: Information

 
Ricardo P. Arciniega-Rocha, Vanessa C. Erazo-Chamorro, Paúl D. Rosero-Montalvo and Gyula Szabó    
An erroneous squat movement might cause different injuries in amateur athletes who are not experts in workout exercises. Even when personal trainers watch out for the athletes? workout performance, light variations in ankles, knees, and lower back moveme... ver más
Revista: Information