Double or Nothing: Multiplicative Incentive Mechanisms for Crowdsourcing
Nihar B. Shah, Dengyong Zhou

TL;DR
This paper introduces a unique multiplicative incentive mechanism for crowdsourcing that encourages workers to answer only when confident, significantly reducing errors and spam with minimal payments, supported by theoretical proof and empirical validation.
Contribution
It presents the first incentive-compatible mechanism satisfying the no-free-lunch condition, which minimizes payments to spammers and extends to confidence-based responses.
Findings
Mechanism is the only incentive-compatible solution under no-free-lunch.
Experimental results show reduced error rates with lower costs.
Mechanism's simplicity and effectiveness are validated empirically.
Abstract
Crowdsourcing has gained immense popularity in machine learning applications for obtaining large amounts of labeled data. Crowdsourcing is cheap and fast, but suffers from the problem of low-quality data. To address this fundamental challenge in crowdsourcing, we propose a simple payment mechanism to incentivize workers to answer only the questions that they are sure of and skip the rest. We show that surprisingly, under a mild and natural "no-free-lunch" requirement, this mechanism is the one and only incentive-compatible payment mechanism possible. We also show that among all possible incentive-compatible mechanisms (that may or may not satisfy no-free-lunch), our mechanism makes the smallest possible payment to spammers. We further extend our results to a more general setting in which workers are required to provide a quantized confidence for each question. Interestingly, this unique…
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Taxonomy
TopicsMobile Crowdsensing and Crowdsourcing · Auction Theory and Applications · Open Source Software Innovations
