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Market design for a property rights system with entitlements for individuals

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Ng, Irene C. L. (2021) Market design for a property rights system with entitlements for individuals. Working Paper. Coventry: Warwick Manufacturing Group. WMG Service Systems Research Group Working Paper Series, 01/21 . (Unpublished)

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Abstract

This paper describes the design of a market for personal information in a property system where individuals can hold entitlements ie. intellectual property rights. It describes the current system where individuals cannot hold entitlements and the challenges it presents, because it would require the focus on the information itself and the rights over it. In a property system where individuals can hold entitlements, the challenge is no longer rights of information but bargaining solutions and market design. The paper presents 3 markets that have been designed and are emerging from the new property system.

Item Type: Working or Discussion Paper (Working Paper)
Subjects: H Social Sciences > HF Commerce
K Law [Moys] > KA Jurisprudence
Divisions: Faculty of Science > WMG (Formerly the Warwick Manufacturing Group)
Library of Congress Subject Headings (LCSH): Intellectual property , Data protection
Series Name: WMG Service Systems Research Group Working Paper Series
Publisher: Warwick Manufacturing Group
Place of Publication: Coventry
ISSN: 2049-4297
Official Date: November 2021
Dates:
DateEvent
November 2021Published
Volume: 01/21
Number of Pages: 11
Institution: University of Warwick
Status: Not Peer Reviewed
Publication Status: Unpublished
Access rights to Published version: Open Access
Description:

First version 1.0

Funder: This paper acknowledges the funding received under the Alan Turing Institute Fellowship program (2019-21) and the £1.1m UKRI grant funded program “Dynamic, Real Time, On-Demand Personalisation for Scaling (DROPS). EP/R033838/1
RIOXX Funder/Project Grant:
Project/Grant IDRIOXX Funder NameFunder ID
2019-21Alan Turing Institutehttp://dx.doi.org/10.13039/100012338
EP/R033838/1UK Research and Innovationhttp://dx.doi.org/10.13039/100014013

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