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A game-theoretic analysis of the ESP game
āGames with a Purposeā are interactive games that users play because they are fun, with the added beneļ¬t that the outcome of play is useful work. The ESP game, developed by [von Ahn and Dabbish 2004], is an example of such a game devised to label images on the web. Since labeling images is a hard problem for computer vision algorithms and can be tedious and time-consuming for humans, the ESP game provides humans with incentive to do useful work by being enjoyable to play. We present a simple game-theoretic model of the ESP game and characterize the equilibrium behavior in our model. Our equilibrium analysis supports the fact that users appear to coordinate on low effort words. We provide an alternate model of user preferences, modeling a change that could be induced through a different scoring method, and show that equilibrium behavior in this model coordinates on high effort words. We also give sufļ¬cient conditions for coordinating on high effort words to be a Bayesian-Nash equilibrium. Our results suggest the possibility of formal incentive design in achieving desirable system-wide outcomes for the purpose of human computation, complementing existing considerations of robustness against cheating and human factors.Engineering and Applied Science
Coherent frequentism
By representing the range of fair betting odds according to a pair of
confidence set estimators, dual probability measures on parameter space called
frequentist posteriors secure the coherence of subjective inference without any
prior distribution. The closure of the set of expected losses corresponding to
the dual frequentist posteriors constrains decisions without arbitrarily
forcing optimization under all circumstances. This decision theory reduces to
those that maximize expected utility when the pair of frequentist posteriors is
induced by an exact or approximate confidence set estimator or when an
automatic reduction rule is applied to the pair. In such cases, the resulting
frequentist posterior is coherent in the sense that, as a probability
distribution of the parameter of interest, it satisfies the axioms of the
decision-theoretic and logic-theoretic systems typically cited in support of
the Bayesian posterior. Unlike the p-value, the confidence level of an interval
hypothesis derived from such a measure is suitable as an estimator of the
indicator of hypothesis truth since it converges in sample-space probability to
1 if the hypothesis is true or to 0 otherwise under general conditions.Comment: The confidence-measure theory of inference and decision is explicitly
extended to vector parameters of interest. The derivation of upper and lower
confidence levels from valid and nonconservative set estimators is formalize
Borsa Parole ā A Market for Linguistic Speculation
This article describes a novel approach to linguistic field research consisting in exploiting the
self-regulation of a market for collecting data on language use. The market is conceived as an
output-agreement game with a purpose called Borsa Parole. The agreement can be traded with
by the players what makes it adjustable. Borsa Parole has been conceived and is deployed for a
linguistic study on the divergence of Italian dialects and vernaculars
Recommended from our members
A Game-Theoretic Analysis of Games with a Purpose
We present a simple game-theoretic model for the ESP game, an interactive game devised to label images on the web, and characterize the equilibrium behavior of the model. We show that a simple change in the incentive structure can lead to different equilibrium structure and suggest the possibility of formal incentive design in achieving desirable system-wide outcomes, complementing existing considerations of robustness against cheating and human factors.Engineering and Applied Science
Social Welfare Maximization Auction in Edge Computing Resource Allocation for Mobile Blockchain
Blockchain, an emerging decentralized security system, has been applied in
many applications, such as bitcoin, smart grid, and Internet-of-Things.
However, running the mining process may cost too much energy consumption and
computing resource usage on handheld devices, which restricts the use of
blockchain in mobile environments. In this paper, we consider deploying edge
computing service to support the mobile blockchain. We propose an auction-based
edge computing resource market of the edge computing service provider. Since
there is competition among miners, the allocative externalities (positive and
negative) are taken into account in the model. In our auction mechanism, we
maximize the social welfare while guaranteeing the truthfulness, individual
rationality and computational efficiency. Based on blockchain mining experiment
results, we define a hash power function that characterizes the probability of
successfully mining a block. Through extensive simulations, we evaluate the
performance of our auction mechanism which shows that our edge computing
resources market model can efficiently solve the social welfare maximization
problem for the edge computing service provider
Coalition Strategies and Reduction of GHG Emissions
The Flexible Mechanisms articulated in the Kyoto Protocol provide a robust framework for emission reduction issue in a manner that is not just economically efficient, but is also pro-growth for trade. In the presence of liquid or illiquid markets, to attain higher value from the emission trading, we have shown that coalition strategies provide a pertinent alternative to production optimization measures which may not be feasible at times. The whole game is analyzed taking a resource based view of the strategic factor markets. We have also illustrated the measures needed to provide stability to the coalitions and hence the coalition strategies.coalition, strategy, game theory, emission, environment, resource based view, strategic factor market
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