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Game Theory for Data Science - Eliciting Truthful Information (Paperback)
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Game Theory for Data Science - Eliciting Truthful Information (Paperback)
Series: Synthesis Lectures on Artificial Intelligence and Machine Learning
Expected to ship within 10 - 15 working days
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Intelligent systems often depend on data provided by information
agents, for example, sensor data or crowdsourced human computation.
Providing accurate and relevant data requires costly effort that
agents may not always be willing to provide. Thus, it becomes
important not only to verify the correctness of data, but also to
provide incentives so that agents that provide high-quality data
are rewarded while those that do not are discouraged by low
rewards. We cover different settings and the assumptions they
admit, including sensing, human computation, peer grading, reviews,
and predictions. We survey different incentive mechanisms,
including proper scoring rules, prediction markets and peer
prediction, Bayesian Truth Serum, Peer Truth Serum, Correlated
Agreement, and the settings where each of them would be suitable.
As an alternative, we also consider reputation mechanisms. We
complement the game-theoretic analysis with practical examples of
applications in prediction platforms, community sensing, and peer
grading.
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