{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,7,12]],"date-time":"2026-07-12T03:43:17Z","timestamp":1783827797852,"version":"3.55.0"},"reference-count":13,"publisher":"Association for Computing Machinery (ACM)","issue":"9","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Proc. VLDB Endow."],"published-print":{"date-parts":[[2014,5]]},"abstract":"<jats:p>Data is a commodity. Recent research has considered the mathematical problem of setting prices for different queries over data. Ideal pricing functions need to be flexible --defined for arbitrary queries (select-project-join, aggregate, random sample, and noisy privacy-preserving queries). They should be fine-grained -- a consumer should not be required to buy the entire database to get answers to simple \"low-information\" queries (such as selecting only a few tuples or aggregating over only one attribute). Similarly, a consumer may not want to pay a large amount of money, only to discover that the database is empty. Finally, pricing functions should satisfy consistency conditions such as being \"arbitrage-free\" -- consumers should not be able to circumvent the pricing function by deducing the answer to an expensive query from a few cheap queries.<\/jats:p>\n          <jats:p>\n            Previously proposed pricing functions satisfy some of these criteria (i.e. they are defined for restricted subclasses of queries and\/or use relaxed conditions for avoiding arbitrage). In this paper, we study arbitrage-free pricing functions defined for\n            <jats:italic>arbitrary<\/jats:italic>\n            queries. We propose new necessary conditions for avoiding arbitrage and provide new arbitrage-free pricing functions. We also prove several negative results related to the tension between flexible pricing and avoiding arbitrage, and show how this tension often results in unreasonable prices.\n          <\/jats:p>","DOI":"10.14778\/2732939.2732948","type":"journal-article","created":{"date-parts":[[2015,5,12]],"date-time":"2015-05-12T15:37:52Z","timestamp":1431445072000},"page":"757-768","source":"Crossref","is-referenced-by-count":56,"title":["On arbitrage-free pricing for general data queries"],"prefix":"10.14778","volume":"7","author":[{"given":"Bing-Rong","family":"Lin","sequence":"first","affiliation":[{"name":"Penn State University"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Daniel","family":"Kifer","sequence":"additional","affiliation":[{"name":"Penn State University"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"320","published-online":{"date-parts":[[2014,5]]},"reference":[{"key":"e_1_2_1_1_1","doi-asserted-by":"publisher","DOI":"10.14778\/3402755.3402801"},{"key":"e_1_2_1_2_1","doi-asserted-by":"publisher","DOI":"10.5555\/129837"},{"key":"e_1_2_1_3_1","doi-asserted-by":"publisher","DOI":"10.1007\/11681878_14"},{"key":"e_1_2_1_4_1","doi-asserted-by":"publisher","DOI":"10.1145\/1993574.1993605"},{"key":"e_1_2_1_5_1","doi-asserted-by":"publisher","DOI":"10.1145\/2213556.2213582"},{"key":"e_1_2_1_6_1","doi-asserted-by":"publisher","DOI":"10.1145\/2463676.2465335"},{"key":"e_1_2_1_7_1","doi-asserted-by":"publisher","DOI":"10.1145\/2448496.2448502"},{"key":"e_1_2_1_8_1","volume-title":"WebDB","author":"Li C.","year":"2012","unstructured":"C. Li and G. Miklau . Pricing aggregate queries in a data marketplace . In WebDB , 2012 . C. Li and G. Miklau. Pricing aggregate queries in a data marketplace. In WebDB, 2012."},{"key":"e_1_2_1_9_1","doi-asserted-by":"publisher","DOI":"10.1145\/1559845.1559850"},{"key":"e_1_2_1_10_1","doi-asserted-by":"publisher","DOI":"10.1007\/978-3-642-40173-2_32"},{"key":"e_1_2_1_11_1","volume-title":"DEXA","author":"Tang R.","year":"2013","unstructured":"R. Tang , H. Wu , Z. Bao , S. Bressan , and P. Valduriez . The price is right - models and algorithms for pricing data . In DEXA , 2013 . R. Tang, H. Wu, Z. Bao, S. Bressan, and P. Valduriez. The price is right - models and algorithms for pricing data. In DEXA, 2013."},{"key":"e_1_2_1_12_1","doi-asserted-by":"publisher","DOI":"10.1080\/01621459.1965.10480775"},{"key":"e_1_2_1_13_1","unstructured":"Windows azure marketplace. http:\/\/datamarket.azure.com\/.  Windows azure marketplace. http:\/\/datamarket.azure.com\/."}],"container-title":["Proceedings of the VLDB Endowment"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/dl.acm.org\/doi\/pdf\/10.14778\/2732939.2732948","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2022,12,28]],"date-time":"2022-12-28T10:21:54Z","timestamp":1672222914000},"score":1,"resource":{"primary":{"URL":"https:\/\/dl.acm.org\/doi\/10.14778\/2732939.2732948"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2014,5]]},"references-count":13,"journal-issue":{"issue":"9","published-print":{"date-parts":[[2014,5]]}},"alternative-id":["10.14778\/2732939.2732948"],"URL":"https:\/\/doi.org\/10.14778\/2732939.2732948","relation":{},"ISSN":["2150-8097"],"issn-type":[{"value":"2150-8097","type":"print"}],"subject":[],"published":{"date-parts":[[2014,5]]}}}