Crowd-sourcing with Uncertain Quality

An Auction Approach

Athanasios Papakonstantinou, Peter Bogetoft

Publikation: Working paperForskning

Resumé

This article addresses two important issues in crowd-sourcing: ex ante uncertainty about the quality and cost of different workers and strategic behaviour. We present a novel multi-dimensional auction that incentivises the workers to make partial enquiry into the task and to honestly report quality-cost estimates based on which the crowd-sourcer can choose the worker that offers the best value for money. The mechanism extends second score auction design to settings where the quality is uncertain and it provides incentives to both collect information and deliver desired qualities.
OriginalsprogEngelsk
Udgivelses stedMünchen
UdgiverMunich Personal RePEc Archive
Antal sider21
StatusUdgivet - 6 feb. 2013
NavnMPRA Paper
Nummer47277

Citer dette

Papakonstantinou, A., & Bogetoft, P. (2013). Crowd-sourcing with Uncertain Quality: An Auction Approach. München: Munich Personal RePEc Archive. MPRA Paper, Nr. 47277
Papakonstantinou, Athanasios ; Bogetoft, Peter. / Crowd-sourcing with Uncertain Quality : An Auction Approach. München : Munich Personal RePEc Archive, 2013. (MPRA Paper; Nr. 47277).
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Papakonstantinou, A & Bogetoft, P 2013 'Crowd-sourcing with Uncertain Quality: An Auction Approach' Munich Personal RePEc Archive, München.

Crowd-sourcing with Uncertain Quality : An Auction Approach. / Papakonstantinou, Athanasios; Bogetoft, Peter.

München : Munich Personal RePEc Archive, 2013.

Publikation: Working paperForskning

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Papakonstantinou A, Bogetoft P. Crowd-sourcing with Uncertain Quality: An Auction Approach. München: Munich Personal RePEc Archive. 2013 feb 6.