How Much Should You Pay for Information?

International audienceThe amount of data available greatly increases every year and information can be quite valuable in the right hands. The existing mechanisms for selling goods, such as VCG, cannot handle sharable goods, such as information. To alleviate this limitation we present our preliminary work on mechanisms for selling goods that can be shared or copied. We present and analyze efficient incentive compatible mechanisms for selling a single sharable good to bidders who are happy to share it

How Much Should You Pay for Information?: Technical Report

The amount of data available greatly increases every year and information can be quite valuable in the right hands. The existing mechanisms for selling goods, such as VCG, cannot handle sharable goods, such as information. To alleviate this limitation, in this paper, we study mechanisms for selling goods that can be shared or copied. We present and analyze theoretically and experimentally efficient incentive compatible mechanisms for selling a single sharable good to bidders who are happy to share it

How Much Should You Pay for Information? –Technical Report–

The amount of data available greatly increases every year and information can be quite valuable in the right hands. The existing mechanisms for selling goods, such as VCG, cannot handle sharable goods, such as information. To alleviate this limitation, in this paper, we study mechanisms for selling goods that can be shared or copied. We present and analyze theoretically and experimentally efficient incentive compatible mechanisms for selling a single sharable good to bidders who are happy to share it.