Game Theory For Data Science

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    Game Theory for Data Science
    Eliciting Truthful Information
    By: Boi Faltings; Goran Radanovic
    Publisher:
    Morgan & Claypool Publishers
    Print ISBN: 9781627057295, 1627057293
    eText ISBN: 9781627056083, 1627056084
    Edition: 1st
    Format: PDF
    Available from $ 51.96 USD
    SKU 9781627056083
    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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