Auction Based Mechanisms for Dynamic Task Assignments in Expert Crowdsourcing

Boi Faltings, Sujit Prakash Gujar
2017
Conference paper

Crowdsourcing marketplaces link large populations of workers to an even larger number of tasks. Thus, it is necessary to have mechanisms for matching workers with interesting and suitable tasks. Earlier work has addressed the problem of finding optimal workers for a given set of tasks. However, workers also have preferences and will stay with a platform only if it gives them interesting tasks. We therefore analyze several matching mechanisms that take into account workers' preferences as well. We propose that the workers pay premiums to get preferred matches and auction-based models where preferences are expressed through variations of the payment for a task. We analyze the properties of two matching different mechanisms: Split Dynamic VCG (SDV) and e-Auction. We compare both the mechanisms with Arrival Priority Serial Dictatorship (APSD) empirically for efficiency.

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Boi Faltings, Sujit Prakash Gujar
2017
Conference paper

Abstract

Official source

https://infoscience.epfl.ch/record/232695?ln=en

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Related concepts (11)

Auction

An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history.

Online auction

An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules. eCommerce sales for businesses have been steadily increasing for years, and with the migration of virtually all transactions to digital due to the COVID-19 pandemic, worldwide sales through ecommerce channels such as websites and online marketplaces increased overall in 2020 and beyond.

Crowdsourcing

Crowdsourcing involves a large group of dispersed participants contributing or producing goods or services—including ideas, votes, micro-tasks, and finances—for payment or as volunteers. Contemporary crowdsourcing often involves digital platforms to attract and divide work between participants to achieve a cumulative result. Crowdsourcing is not limited to online activity, however, and there are various historical examples of crowdsourcing. The word crowdsourcing is a portmanteau of "crowd" and "outsourcing".