Towards a Primary Personal Information Marketplace

By Ross Farrelly and Eng Chew.

Published by The International Journal of Technology, Knowledge and Society

Format Price
Article: Print $US10.00
Published Online: January 27, 2016 $US5.00

Large volumes of valuable personal information are created by individuals every day and yet there is no easily available means by which individuals can be financially compensated by selling access to the data they generate. This research addresses the question as to why this is the case. Drawing on the principles of design science and market engineering, it presents a justification for the creation of a Primary Personal Information Market (PPIM) as a means to addressing this problem and outlines a theoretical model of a PPIM and the IT infrastructure necessary to support it. Application scenarios are also presented to demonstrate how the model would function in practice.

Keywords: Personal Information Market, Design Science

The International Journal of Technology, Knowledge, and Society: Annual Review, Volume 11, pp.1-13. Article: Print (Spiral Bound). Published Online: January 27, 2016 (Article: Electronic (PDF File; 630.675KB)).

Ross Farrelly

Ph.D. Candidate, School of Systems, Management and Leadership, University of Technology, Sydney, Australia

Ross Farrelly, BSc (Hons), M. App. Stats, M. App. Ethics, Grad. Dip. Ed. is the Chief Data Scientist for Teradata Australia. Ross is responsible for data mining, analytics and advanced modeling projects using the Teradata Aster and Hadoop platforms. Ross is currently completing his PhD in Information Systems at University of Technology Sydney. His research centers on the design and use of personal information markets.

Prof. Eng Chew

Professor of Business and IT Stategy, School of Systems, Management and leadership, University of Technology, Sydney, Australia

Eng Chew is Professor of Business and IT Strategy at the University of Technology, Sydney (UTS), and part-time Industry Advisor. From 2005 to 2008, he held the UTS-Gartner Chair of Business and IT Strategy at UTS.