Skip to main content

An Efficient Incentive Compatible Mechanism for Paid Crowdsourcing

  • Conference paper
Proceedings of International Conference on Advances in Computing

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 174))

  • 1488 Accesses

Abstract

In paid crowdsourcing environment an organization post a task/problem atvarious platform like freelancer.com and the mass (crowd/developer) is invited to complete the problem. This environment is becoming an emerging trend to solve a problem with the brain of mass. At present the allocation and the payment made to the developers are mostly based on first price auction. However there is always a chance for manipulation in first price auction and also what punishment a developer should get if he try to do the same i.e. he can’t complete the task/problem within the stipulated time mentioned in his bid (if they manipulate by day to get the project) or try to manipulate the money demanded for project completion is not addressed. In this paper we have developed an incentive compatible mechanism that will prevent the developer from doing manipulation and also a novel penalty scheme is incorporated in our mechanism so that, the punishment-to-developer problem could be handle in an efficient way.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 329.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Similar content being viewed by others

References

  1. Patton, M.A., Jsang, A.: Technologies for Trust in E-Commerce. In: Proceedings of the IFIP Working Conference on E-Commerce, Salzburg, Austria (June 2001)

    Google Scholar 

  2. Resnick, P., Zeckhauser, R., Friedman, E., Kuwabara, K.: Reputation systems. Communications of the ACM 43(12), 45–48 (2000); Brent Frei: Paid Crowdsourcing - Smartsheet, Produced by Smartsheet.com. A leading provider of paid crowdsourcing technology & services, Version 1.00.00 - Release Version. pp. 4, 6 (2009)

    Google Scholar 

  3. Brabham, D.C.: Crowdsourcing as a Model for Problem Solving. Convergence: The International Journal of Research into New Media Technologies 14(1), 75–90 (2008)

    Article  Google Scholar 

  4. Horton, J.J., Zeckhauser, R.J.: Algorithmic Wage Negotiations: Applications to Paid Crowdsourcing. In: Crowd Conf. 2010, San Francisco, CA (2010)

    Google Scholar 

  5. Nishan, N., Roughgarden, T., et al.: Algorithmic Game Theory. Cambridge University Press (2007)

    Google Scholar 

  6. Nisan, N., Ronen, A.: Algorithmic Mechanism Design. Games Econ. Behav. 35, 166–196 (2001)

    Article  MathSciNet  MATH  Google Scholar 

  7. Vickery, W.: Counter Speculation, Auctions and Competitive Sealed Tenders. J. Economic Theory, 187–217 (1961)

    Google Scholar 

  8. Vukovic, M.: Crowdsourcing for Enterprises. In: 2009 World Conference on Services-I, Los Angeles, CA (2009)

    Google Scholar 

  9. Azer, M.A., El-Kassas, S.M., Hassan, A.W.F., El-Soudani, M.S.: A Survey on Trust and Reputation Schemes in Ad Hoc Networks. In: Third International Conference on Availability, Reliability and Security (2008)

    Google Scholar 

  10. Resnick, P., Zeckhauser, R., Swanson, J., Lockwood, K.: The Value of Reputation on eBay: A Controlled Experiment. Experimental Economics 9(2), 79–101 (2006)

    Article  Google Scholar 

  11. Hood, W., Wilson, C.S.: The Value of Reputation: The Literature of Bibliometrics, Scientometrics, and Informetrics. Scientometrics 52(2), 291–314 (2001)

    Article  Google Scholar 

  12. Archak, N.: Money, Glory and Cheap Talk: Analyzing Strategic Behavior of Contestants in Si-multaneous Crowdsourcing Contests on TopCoder.com. In: International World Wide Web Conference Committee, IW3C2 (2010)

    Google Scholar 

  13. Myerson, R.: Perspectives on mechanism design in economic theory. Prize Lecture, Department of Economics, University of Chicago (2008)

    Google Scholar 

  14. Narhari, Y.: Lecture notes on Mechanism Design. IISc Banglore, pp. 1–11 (2008)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer India

About this paper

Cite this paper

Gupta, S., Mukhopadhyay, S., Gosh, D. (2013). An Efficient Incentive Compatible Mechanism for Paid Crowdsourcing. In: Kumar M., A., R., S., Kumar, T. (eds) Proceedings of International Conference on Advances in Computing. Advances in Intelligent Systems and Computing, vol 174. Springer, New Delhi. https://doi.org/10.1007/978-81-322-0740-5_72

Download citation

  • DOI: https://doi.org/10.1007/978-81-322-0740-5_72

  • Publisher Name: Springer, New Delhi

  • Print ISBN: 978-81-322-0739-9

  • Online ISBN: 978-81-322-0740-5

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics