---
title: "The (Unfulfilled) Potential of Data Marketplaces"
authors:
  - name: "Koutroumpis, Pantelis"
  - name: "Leiponen, Aija"
  - name: "Thomas, Llewellyn D W"
date_published: "2017-09-29"
series: "ETLA Working Papers"
series_number: "53"
issn:
  - "2323-2420"
  - "2323-2439"
jel_codes:
  - "D47"
  - "D82"
  - "K12"
  - "L14"
  - "O34"
language: "en"
publisher: "ETLA Economic Research"
pdf_url: "https://www.etla.fi/wp-content/uploads/ETLA-Working-Papers-53.pdf"
keywords:
  - "Data marketplaces"
  - "Data trading"
  - "Market design"
identifier: "https://www.etla.fi/julkaisut/id/ETLA-Working-Papers-53"
abstract: "Although industrial datasets are abundant and growing daily, they are not being shared or traded openly and transparently on a large scale. We investigate the nature of data trading with a conceptual market design approach and demonstrate the importance of provenance to overcome protection and quality concerns. We consider the requirements for data marketplaces, comparing existing data marketplaces against standard market design metrics and outline both centralized and decentralized multilateral designs. We assess the benefits and potential operational features of emerging multilateral designs. We conclude with future research directions."
---

# The (Unfulfilled) Potential of Data Marketplaces

**Published:** 2017-09-29  
**Categories:** Publikationer, Working Papers  
**URL:** https://www.etla.fi/sv/publikationer/the-unfulfilled-potential-of-data-marketplaces/

#### Abstract

Although industrial datasets are abundant and growing daily, they are not being shared or traded openly and transparently on a large scale. We investigate the nature of data trading with a conceptual market design approach and demonstrate the importance of provenance to overcome protection and quality concerns. We consider the requirements for data marketplaces, comparing existing data marketplaces against standard market design metrics and outline both centralized and decentralized multilateral designs. We assess the benefits and potential operational features of emerging multilateral designs. We conclude with future research directions.

---

## Additional Information

**Kirjoittajat:** Koutroumpis, Pantelis - Leiponen, Aija - Thomas, Llewellyn D W

**Kansikuva:** https://www.etla.fi/wp-content/uploads/etla-working-papers-53-kansi.jpg

**Lataa Pdf:** https://www.etla.fi/wp-content/uploads/ETLA-Working-Papers-53.pdf

**Key Words:** Data marketplaces, Data trading, Market design

**Jel:** D47, D82, K12, L14, O34

**Paivays:** 29.09.2017

**Sivuja:** 42

**Kieli:** en

**Sarja:** ETLA Working Papers

**Sarja Nro:** 53

**Issn:** 2323-2420, 2323-2439 (Pdf)

**Saatavuus:** 2



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