Sequential Peer Prediction: Learning to Elicit Effort using Posted Prices

Authors: Yang Liu, Yiling Chen

AAAI 2017 | Conference PDF | Archive PDF | Plain Text | LLM Run Details

Reproducibility Variable Result LLM Response
Research Type Theoretical We propose a sequential posted-price mechanism to dynamically learn the optimal reward level from workers contributions and to incentivize effort exertion and truthful reporting. We show that (1) in our mechanism, workers exerting effort according to a nondegenerate threshold policy and then reporting truthfully is an equilibrium that returns highest utility for every worker, and (2) The regret of our learning mechanism w.r.t. offering the optimal reward (price) is upper bounded by O(T 3/4) where T is the learning horizon. We further show the power of our learning approach when the reports of workers do not necessarily follow the game-theoretic equilibrium.
Researcher Affiliation Academia Yang Liu, Yiling Chen Harvard University, Cambridge MA, USA {yangl,yiling}@seas.harvard.edu
Pseudocode Yes Mechanism 1 (SPP Post Price) and Mechanism 2 (Explore Crowd) are presented as structured algorithm blocks with numbered steps.
Open Source Code No The paper does not include an unambiguous statement about the release of source code for the described methodology, nor does it provide a direct link to a code repository.
Open Datasets No The paper is theoretical and does not describe experiments using a specific dataset for training. It defines a problem formulation and a sequential learning setting but does not refer to real-world or public datasets.
Dataset Splits No The paper is theoretical and does not describe empirical experiments or specific dataset splits (e.g., for validation).
Hardware Specification No The paper is theoretical and does not describe any empirical experiments, therefore no hardware specifications are mentioned.
Software Dependencies No The paper is theoretical and does not describe any empirical experiments that would require specific software dependencies with version numbers.
Experiment Setup No The paper is theoretical and does not describe an experimental setup with specific hyperparameters, training configurations, or system-level settings.