SearcharxivSearch

arXiv · 2006.16805

Pricing Fresh Data

Abstract

We introduce the concept of {\it fresh data trading}, in which a destination user requests, and pays for, fresh data updates from a source provider, and data freshness is captured by the {\it age of information} (AoI) metric. Keeping data fresh relies on frequent data updates by the source, which motivates the source to {\it price fresh data}. In this work, the destination incurs an age-related cost, modeled as a general increasing function of the AoI. The source designs a pricing mechanism to maximize its profit; the destination chooses a data update schedule to trade off its payments to the source and its age-related cost. Depending on different real-time applications and scenarios, we study both a predictable-deadline and an unpredictable-deadline models. The key challenge of designing the optimal pricing scheme lies in the destination's time-interdependent valuations, due to the nature of AoI and the infinite-dimensional and dynamic optimization. To this end, we consider three pricing schemes that exploit and understand the profitability of three different dimensions in designing pricing: a {\it time-dependent} pricing scheme, in which the price for each update depends on when it is requested; a {\it quantity-based} pricing scheme, in which the price of each update depends on how many updates have been previously requested; a {\it subscription-based} pricing scheme, in which the price for each update is flat-rate but the source charges an additional subscription fee. Our analysis reveals that the optimal subscription-based pricing maximizes the source's profit among all possible pricing schemes under both predictable deadline and unpredictable deadline models; the optimal quantity-based pricing scheme is only optimal with a predictable deadline; the time-dependent pricing scheme, under the unpredictable deadline, is asymptotically optimal under significant time discounting.

Explore related subjects

Keep this discovery

BibTeXRIS

Meng Zhang, Ahmed Arafa, Jianwei Huang, H. Vincent Poor. 2020-06-28. Pricing Fresh Data. https://arxiv.org/abs/2006.16805

Cite the original work for its findings. Save a collection to share your selection of sources.

KEEP EXPLORING

Related papers

Message-Level Scheduling for RLNC-Coded Multi-Source Traffic

This paper studies weighted decoding-delay minimization for multiple RLNC-coded message streams that compete for finite processing capacity at a destination. Packet arrivals are exogenous, while the scheduler only determines the processing order of packets already available at the destination. A trace-conditioned offline scheduling formulation shows that a batch-release subclass is strongly NP-hard even with a single processing unit. Message-Aware Innovation-Deficit Scheduling (MAIDS) is then developed to prioritize each serviceable message according to its weight and remaining decoding deficit. For a single processing unit, MAIDS is shown to be exactly optimal under nonblocking progressive arrivals with equal weights and under common activation with arbitrary positive weights, while the unrestricted weighted online problem admits no universal deterministic $O(1)$ competitive ratio. Simulation results on streaming and batch benchmarks show that MAIDS consistently reduces weighted decoding delay relative to the tested baselines, remains close to the offline optimum on average, and recovers the predicted exact performance boundaries.

cs.NI

The Towers Were Standing: A Cause Decomposition of Cellular Outages During Hurricane Helene

Hurricane Helene produced the largest absolute cell-site outage in the public FCC record, peaking at 4562 sites. The conventional model is physical: towers destroyed. Helene did destroy over 1700 miles of fibre, but almost none of it was cell sites. We present the first cause-decomposed study of the FCC's Disaster Information Reporting System, reconstructing 80 state-days and 580 county-days from 24 daily filings by two reconciled independent extractions. Damage to cell sites is negligible: 1.1% of attributed cell-site-days across six states, at most 3.8% anywhere. The sites were standing. What took them out divides by terrain: pooled, power dominates at 63.2%, but in mountainous North Carolina severed transport (backhaul) reaches 52.2% against 47.3%, and in Tennessee 69.9%. North Carolina's transport share rises from 7.0% to 85.0% across the event (\r{ho} = 0.92). Seventeen days after landfall, on 15 October, 47 sites lost transport across six contiguous North Carolina counties with no rainfall, no power loss, no damage, and recovery by the next report. Independent active-probe measurement corroborates it: responsive /24s fall 1.02% for twelve hours while Tennessee stays flat. We release the dataset. Backup power is the standard resilience investment; here it addresses the smaller half of the problem.

cs.NI

terms.txt: A Consent and Compensation Protocol for Agentic Web Access

The open web ran on an unwritten bargain: sites admitted crawlers, and search engines sent visitors back. Public measurements show that bargain breaking under AI crawlers and agents. Automated clients now make up most requests, training dominates Cloudflare-classified crawling, and the largest AI platforms fetch thousands of pages for each visitor they return. The web's common control, robots.txt, cannot express identity, purpose, terms, or price, can be circumvented, and newer alternatives are largely proprietary CDN features. We specify terms.txt, a robots.txt-style file for per-path, per-purpose machine-access terms, plus an origin-enforced exchange using Web Bot Auth signatures, signed intent, delegation tokens, HTTP 402 negotiation, and signed receipts. We define what the exchange can enforce, audit, and leave to contract. A dependency-free implementation adds 0.20 to 0.65 ms per request on one vCPU.

cs.NI