RESEARCH PAPERS

System Dynamics Analysis of Data Transaction Market Circulation Mechanisms

  • Su Junhua ,
  • Song Wenqi
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  • 1 School of Cultural Heritage and Information Management, Shanghai University, Shanghai 200444;
    2 Research Center of Information Resources Development and Utilization, Shanghai University, Shanghai 200444
Su Junhua, professor, PhD, doctoral supervisor; Song Wenqi, doctoral candidate, corresponding author, E-mail: songwenqi4571@163.com.

Received date: 2024-05-29

  Revised date: 2024-08-20

  Online published: 2025-04-22

Supported by

This work is supported by the project of the National Social Science Fund of China titled “Research on Archival Data Quality Optimization and Control under the Background of the National Big Data Strategy”(Grant No.21BTQ016)

Abstract

[Purpose/Significance] This study aims to explore the dynamic changes and interactions among various elements in the data transaction market, reveal the impact mechanism of data transaction on the market and social economy, and explore more effective management and trading modes. [Method/Process] This study adopted the system dynamics method to explore the data circulation mechanisms and their dynamics in the data transaction market. The market was subdivided into four core subsystems: data asset management, transaction mechanism, supervision and compliance, and market dynamics. Scenario simulations were carried out by Vensim to explore the interactions between the subsystems and their impact on the overall performance of the market. [Result/Conclusion] Through the systematic analysis of the data transaction market, this study aims to reveal the key driving factors and core problems in the data circulation, propose strategies to promote the healthy development of the market, and provide references for relevant policy formulation and market practice.

Cite this article

Su Junhua , Song Wenqi . System Dynamics Analysis of Data Transaction Market Circulation Mechanisms[J]. Library and Information Service, 2025 , 69(9) : 3 -14 . DOI: 10.13266/j.issn.0252-3116.2025.09.001

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