Learn Then Decide: A Learning Approach for Designing Data Marketplaces
先学习再决策：数据市场设计的学习方法
As data marketplaces become increasingly central to the digital economy, it is crucial to design efficient pricing mechanisms that optimize revenue while ensuring fair and adaptive pricing. We introduce the Maximum Auction-to-Posted Price (MAPP) mechanism, a novel two-stage approach that first estimates the bidders’ value distribution through auctions and then determines the optimal posted price based on the learned distribution. We establish that MAPP is individually…