A Game Theory Approach for Negotiating in Data Marketplaces
We introduce a game-theoretic framework, together with a distributed algorithm, for automating multi-issue data-sharing negotiations. The framework models interactions between data providers and data consumers as a bargaining problem and defines a number of bargaining actions, negotiation parameter categories (such as numerical, hierarchical, or query-based) and associated classes of utility functions for negotiating on these parameters. We instantiate the framework for data-sharing in data marketplaces. For this real-world use case, we provide a set of concrete negotiation parameters such as properties of the dataset (e.g., format, price, or date), views or query-defined subsets, and even governance-related ones such as negotiating on the privacy policy or the terms-of-use of the dataset. We propose two heuristics to guide agents' behaviours, greedy and concession-based. For our framework and heuristics, we provide theoretical guarantees as well as an implementation evaluated on real-world datasets from bank marketing, gym workouts, and sensing applications. Compared to traditional negotiation approaches, such as monotonic concessions and take-it- or-leave-it protocols, our approach achieves higher agreement rates and utilities, while up to 49% improves utility balance, measured as fairness.
Authors
- Luis Ibáñez (ORCID: https://orcid.org/0000-0001-6993-0001)
- S. Gheisari (ORCID: https://orcid.org/0000-0001-8974-2841)
- Jaime Osvaldo Salas
- George Konstantindis
Institutions
- University of Southampton (GB)
Publication Details
- Journal
- Proceedings of the ACM on Management of Data
- Published
- 2026-04-02
- DOI
- https://doi.org/10.1145/3786616
- Primary Topic
- Mobile Crowdsensing and Crowdsourcing
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- HORIZON EUROPE Framework Programme