# A Survey on Data Pricing: from Economics to Data Science

arXiv: https://arxiv.org/abs/2009.04462 · HTML: https://mlsanity.com/paper/2009.04462/

## Key facts

- Cited by 39 papers in the map (data through 14 Oct 2026).
- First posted on arXiv 9 Sep 2020.

## Built on by (most cited first, 30 of 39)

- [Deep Regression Unlearning](https://mlsanity.com/paper/2210.08196/) (2022)
- [Improving Fairness for Data Valuation in Horizontal Federated Learning](https://mlsanity.com/paper/2109.09046/) (2021)
- [Fundamentals of Task-Agnostic Data Valuation](https://mlsanity.com/paper/2208.12354/) (2022)
- [Data Pricing in Machine Learning Pipelines](https://mlsanity.com/paper/2108.07915/) (2021)
- [Fair and efficient contribution valuation for vertical federated learning](https://mlsanity.com/paper/2201.02658/) (2022)
- [Variance reduced Shapley value estimation for trustworthy data valuation](https://mlsanity.com/paper/2210.16835/) (2022)
- [From Points to Coalitions: Hierarchical Contrastive Shapley Values for Prioritizing Data Samples](https://mlsanity.com/paper/2512.19363/) (2025)
- [Data Acquisition: A New Frontier in Data-centric AI](https://mlsanity.com/paper/2311.13712/) (2023)
- [Fairshare Data Pricing via Data Valuation for Large Language Models](https://mlsanity.com/paper/2502.00198/) (2025)
- [ALinFiK: Learning to Approximate Linearized Future Influence Kernel for Scalable Third-Party LLM Data Valuation](https://mlsanity.com/paper/2503.01052/) (2025)
- [A Survey of Data Pricing for Data Marketplaces](https://mlsanity.com/paper/2303.04810/) (2023)
- [Precedence-Constrained Winter Value for Effective Graph Data Valuation](https://mlsanity.com/paper/2402.01943/) (2024)
- [Proof-of-Contribution-Based Design for Collaborative Machine Learning on Blockchain](https://mlsanity.com/paper/2302.14031/) (2023)
- [GMValuator: Similarity-based Data Valuation for Generative Models](https://mlsanity.com/paper/2304.10701/) (2023)
- [Addressing Budget Allocation and Revenue Allocation in Data Market Environments Using an Adaptive Sampling Algorithm](https://mlsanity.com/paper/2306.02543/) (2023)
- [A Survey on Contribution Evaluation in Vertical Federated Learning](https://mlsanity.com/paper/2405.02364/) (2024)
- [Equilibrium of Data Markets with Externality](https://mlsanity.com/paper/2302.08012/) (2023)
- [Incentivized Communication for Federated Bandits](https://mlsanity.com/paper/2309.11702/) (2023)
- [An Auction-based Marketplace for Model Trading in Federated Learning](https://mlsanity.com/paper/2402.01802/) (2024)
- [Incentivized Truthful Communication for Federated Bandits](https://mlsanity.com/paper/2402.04485/) (2024)
- [Provable Mutual Benefits from Federated Learning in Privacy-Sensitive Domains](https://mlsanity.com/paper/2403.06672/) (2024)
- [Uncertainty Quantification of Data Shapley via Statistical Inference](https://mlsanity.com/paper/2407.19373/) (2024)
- [Disentangled Structural and Featural Representation for Task-Agnostic Graph Valuation](https://mlsanity.com/paper/2408.12659/) (2024)
- [A Comprehensive Study of Shapley Value in Data Analytics](https://mlsanity.com/paper/2412.01460/) (2024)
- [IPProtect: protecting the intellectual property of visual datasets during data valuation](https://mlsanity.com/paper/2212.11468/) (2022)
- [Is Data Valuation Learnable and Interpretable?](https://mlsanity.com/paper/2406.02612/) (2024)
- [Learn then Decide: A Learning Approach for Designing Data Marketplaces](https://mlsanity.com/paper/2503.10773/) (2025)
- [Shapley-Guided Utility Learning for Effective Graph Inference Data Valuation](https://mlsanity.com/paper/2503.18195/) (2025)
- [How to Purchase Labels? A Cost-Effective Approach Using Active Learning Markets](https://mlsanity.com/paper/2511.20605/) (2025)
- [Challenges in Enabling Private Data Valuation](https://mlsanity.com/paper/2603.00342/) (2026)

## Abstract (arXiv)

Data are invaluable. How can we assess the value of data objectively, systematically and quantitatively? Pricing data, or information goods in general, has been studied and practiced in dispersed areas and principles, such as economics, marketing, electronic commerce, data management, data mining and machine learning. In this article, we present a unified, interdisciplinary and comprehensive overview of this important direction. We examine various motivations behind data pricing, understand the economics of data pricing and review the development and evolution of pricing models according to a series of fundamental principles. We discuss both digital products and data products. We also consider a series of challenges and directions for future work.
