Motivated by a growing market that involves buying and selling data over the web, we study pricing schemes that assign value to queries issued over a database. Previous work studied pricing mechanisms that compute the price of a query by extending a data seller's explicit prices on certain queries, or investigated the properties that a pricing function should exhibit without detailing a generic construction. In this work, we present a formal framework for pricing queries over data that allows the construction of general families of pricing functions, with the main goal of avoiding arbitrage. We consider two types of pricing schemes: instance-independent schemes, where the price depends only on the structure of the query, and answer-dependent schemes, where the price also depends on the query output. Our main result is a complete characterization of the structure of pricing functions in both settings, by relating it to properties of a function over a lattice. We use our characterization, together with information-theoretic methods, to construct a variety of arbitrage-free pricing functions. Finally, we discuss various tradeoffs in the design space and present techniques for efficient computation of the proposed pricing functions.
The problem of data pricing has been studied from a wide range of perspectives, including online markets and privacy @cite_14 @cite_7 . @cite_19 examined a variety of issues involved in pricing of information products and presented an economic approach to design of optimal pricing mechanism for online services. @cite_22 introduced the challenge of developing pricing functions in the context of cloud-based environments, where users can pay for queries without buying the entire dataset. This work also outlines various research challenges, such as enabling fine-grained pricing and developing efficient and fair pricing models for cloud-based markets.
@cite_19 @cite_14 @cite_22 @cite_7
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Online information servers that provide access to diverse databases where users can search for, browse through, and download the information they need have been rapidly increasing in number in the past few years. Online vendors have traditionally charged users for information on the based on the length of the time they were connected to the databases. With hardware and software advances, many online servers have recently started changing their pricing strategies to search-based and or subscription-fee pricing. This paper examines the various issues involved in pricing these information products, and presents an economic approach to analyze conditions under which the various pricing schemes may prove optimal for the online servers. Our results show that the variation in consumer expertise and valuation of information affects the choice of a pricing strategy by the server. We present general conditions under which subscription-fee pricing is optimal even when consumer demand is inelastic. We also find that, given the cost structures characterizing the market, undifferentiated online servers can compete and coexist in the market each making positive profits. We show that in a competitive setting an increase in costs of online servers can sometimes benefit them by enabling them to differentiate themselves. Our results offer insights into the trends in pricing strategies and may provide an explanation as to why many servers may persist with connect-time strategies. We present an approach to differentially private computation in which one does not scale up the magnitude of noise for challenging queries, but rather scales down the contributions of challenging records. While scaling down all records uniformly is equivalent to scaling up the noise magnitude, we show that scaling records non-uniformly can result in substantially higher accuracy by bypassing the worst-case requirements of differential privacy for the noise magnitudes. This paper details the data analysis platform wPINQ, which generalizes the Privacy Integrated Query (PINQ) to weighted datasets. Using a few simple operators (including a non-uniformly scaling Join operator) wPINQ can reproduce (and improve) several recent results on graph analysis and introduce new generalizations (e.g., counting triangles with given degrees). We also show how to integrate probabilistic inference techniques to synthesize datasets respecting more complicated (and less easily interpreted) measurements. Cloud-computing is transforming many aspects of data management. Most recently, the cloud is seeing the emergence of digital markets for data and associated services. We observe that our community has a lot to oer in building successful cloud-based data markets. We outline some of the key challenges that such markets face and discuss the associated research problems that our community can help solve. We report on the design and implementation of the Privacy Integrated Queries (PINQ) platform for privacy-preserving data analysis. PINQ provides analysts with a programming interface to unscrubbed data through a SQL-like language. At the same time, the design of PINQ's analysis language and its careful implementation provide formal guarantees of differential privacy for any and all uses of the platform. PINQ's unconditional structural guarantees require no trust placed in the expertise or diligence of the analysts, substantially broadening the scope for design and deployment of privacy-preserving data analysis, especially by non-experts.