The Emerging Data Market
Lillian Ratliff, Roy Dong

Citation
Lillian Ratliff, Roy Dong. "The Emerging Data Market". Talk or presentation, 4, November, 2015.

Abstract
The next generation urban ecosystem empowered by the Internet of Things has at its core a shared economy where physical resources and data are easily aggregated and exchanged. In particular, advances in technology have led to the proliferation of smart devices that provide access to streaming data and platforms for novel sharing mechanisms. This has, in turn, resulted in an emerging marketplace in which data is a commodity. The ease with which data and resources can be shared has led many urban constituents to become aware of the value of their data and its usefulness for operations. In such an environment, new metrics for the valuation of data are needed, as well as learning and optimization schemes which consider users as strategic data sources and resource seekers. In this talk, we will discuss the emerging data market, its incentive structure (players and their motivations), models for informational content and valuations of data, and tools for learning with strategic data sources. In particular, we will discuss our past and present FORCES research in the context of the emerging data market and we will conclude with some open questions and new directions.

Electronic downloads

Internal. This publication has been marked by the author for FORCES-only distribution, so electronic downloads are not available without logging in.

Citation formats

• HTML

  Lillian Ratliff, Roy Dong. <a
  href="http://www.cps-forces.org/pubs/94.html"
  ><i>The Emerging Data Market</i></a>,
  Talk or presentation,  4, November, 2015.

• Plain text

  Lillian Ratliff, Roy Dong. "The Emerging Data
  Market". Talk or presentation,  4, November, 2015.

• BibTeX

  @presentation{RatliffDong15_EmergingDataMarket,
      author = {Lillian Ratliff and Roy Dong},
      title = {The Emerging Data Market},
      day = {4},
      month = {November},
      year = {2015},
      abstract = {The next generation urban ecosystem empowered by
                the Internet of Things has at its core a shared
                economy where physical resources and data are
                easily aggregated and exchanged. In particular,
                advances in technology have led to the
                proliferation of smart devices that provide access
                to streaming data and platforms for novel sharing
                mechanisms. This has, in turn, resulted in an
                emerging marketplace in which data is a commodity.
                The ease with which data and resources can be
                shared has led many urban constituents to become
                aware of the value of their data and its
                usefulness for operations. In such an environment,
                new metrics for the valuation of data are needed,
                as well as learning and optimization schemes which
                consider users as strategic data sources and
                resource seekers. In this talk, we will discuss
                the emerging data market, its incentive structure
                (players and their motivations), models for
                informational content and valuations of data, and
                tools for learning with strategic data sources. In
                particular, we will discuss our past and present
                FORCES research in the context of the emerging
                data market and we will conclude with some open
                questions and new directions.},
      URL = {http://cps-forces.org/pubs/94.html}
  }
  

Posted by Carolyn Winter on 4 Nov 2015.
Groups: forces
For additional information, see the Publications FAQ or contact webmaster at cps-forces org.