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A Value Evaluation Method of Traffic Data Assets with Data Element Transactions Based on Game Theory
by
Cao, Jianzhong
, Wang, Jiangiang
, Zou, Dan
, Yan, Mengjia
in
Game theory
/ Numerical analysis
/ Pricing
2025
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A Value Evaluation Method of Traffic Data Assets with Data Element Transactions Based on Game Theory
by
Cao, Jianzhong
, Wang, Jiangiang
, Zou, Dan
, Yan, Mengjia
in
Game theory
/ Numerical analysis
/ Pricing
2025
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A Value Evaluation Method of Traffic Data Assets with Data Element Transactions Based on Game Theory
Journal Article
A Value Evaluation Method of Traffic Data Assets with Data Element Transactions Based on Game Theory
2025
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Overview
In the digital economy era, the value of data elements has grown significantly, especially in the transportation sector, which boasts an extensive repository of transportation data assets. This study proposes a Stackelberg game-theoretic pricing model to optimize the utilization of these data elements. The model delves into the complexities of trading transportation data assets, exploring unique market trading strategies and pricing mechanisms. Focusing on a marketplace with a single seller and multiple buyers, the seller preprocesses data for platform distribution while devising strategic actions, simultaneously aligning with buyers' acquisition strategies. Leveraging the interplay between buyers and sellers, the model employs backward induction to demonstrate the existence and uniqueness of the game solution, followed by a comprehensive numerical analysis. The results indicate that data quality and market risks significantly influence unit pricing, transaction volumes, and the profits of all stakeholders. This method seeks to improve the accuracy of transportation data asset valuation by integrating essential data elements pertinent to trading entities. It provides a robust theoretical foundation for the management and decision-making processes related to transportation data assets.
Publisher
International Association of Engineers
Subject
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