Partial Truthfulness in Minimal Peer Prediction Mechanisms with Limited Knowledge

We study minimal single-task peer prediction mechanisms that have limited knowledge about agents' beliefs. Without knowing what agents' beliefs are or eliciting additional information, it is not possible to design a truthful mechanism in a Bayesian-Nash sense. We go beyond truthfulness and explore equilibrium strategy profiles that are only partially truthful. Using the results from the multi-armed bandit literature, we give a characterization of how inefficient these equilibria are comparing to truthful reporting. We measure the inefficiency of such strategies by counting the number of dishonest reports that any minimal knowledge-bounded mechanism must have. We show that the order of this number is $\Theta(\log n)$, where $n$ is the number of agents, and we provide a peer prediction mechanism that achieves this bound in expectation

Measurement Integrity in Peer Prediction: A Peer Assessment Case Study

We propose measurement integrity, a property related to ex post reward fairness, as a novel desideratum for peer prediction mechanisms in many natural applications. Like robustness against strategic reporting, the property that has been the primary focus of the peer prediction literature, measurement integrity is an important consideration for understanding the practical performance of peer prediction mechanisms. We perform computational experiments, both with an agent-based model and with real data, to empirically evaluate peer prediction mechanisms according to both of these important properties. Our evaluations simulate the application of peer prediction mechanisms to peer assessment -- a setting in which ex post fairness concerns are particularly salient. We find that peer prediction mechanisms, as proposed in the literature, largely fail to demonstrate significant measurement integrity in our experiments. We also find that theoretical properties concerning robustness against strategic reporting are somewhat noisy predictors of empirical performance. Further, there is an apparent trade-off between our two dimensions of analysis. The best-performing mechanisms in terms of measurement integrity are highly susceptible to strategic reporting. Ultimately, however, we show that supplementing mechanisms with realistic parametric statistical models can, in some cases, improve performance along both dimensions of our analysis and result in mechanisms that strike the best balance between them.Comment: The code for our experiments is hosted in the following GitHub repository: https://github.com/burrelln/Measurement-Integrity-and-Peer-Assessment. Version 2 (uploaded on 9/22/22) introduces experiments with real peer grading data alongside significant changes to the framing of the paper and presentation of the result