Subscribe to the gold package and get unlimited access to Shamra Academy
Register a new userTracking Truth by Weighting Proxies in Liquid Democracy
61
0
0.0
(
0
)
Added by
Yuzhe Zhang
Publication date
2021
fields
Informatics Engineering
and research's language is
English
Ask ChatGPT about the research
No Arabic abstract
We study wisdom of the crowd effects in liquid democracy when agents are allowed to apportion weights to proxies by mixing their delegations. We show that in this setting -- unlike in the standard one where votes are always delegated in full to one proxy -- it becomes possible to identify delegation structures that optimize the truth-tracking accuracy of the group. We contrast this centralized solution with the group accuracy obtained in equilibrium when agents interact by greedily trying to maximize their own individual accuracy through mixed delegations, and study the price of anarchy of these games. While equilibria with mixed delegations may be as bad as in the standard delegations setting, they are never worse and may sometimes be better.
rate research
Read More
The paper develops a theory of power for delegable proxy voting systems. We define a power index able to measure the influence of both voters and delegators. Using this index, which we characterize axiomatically, we extend an earlier game-theoretic model by incorporating power-seeking behavior by agents. We analytically study the existence of pure strategy Nash equilibria in such a model. Finally, by means of simulations, we study the effect of relevant parameters on the emergence of power inequalities in the model.
Liquid democracy is a proxy voting method where proxies are delegable. We propose and study a game-theoretic model of liquid democracy to address the following question: when is it rational for a voter to delegate her vote? We study the existence of pure-strategy Nash equilibria in this model, and how group accuracy is affected by them. We complement these theoretical results by means of agent-based simulations to study the effects of delegations on groups accuracy on variously structured social networks.
We consider a scheduling problem where a cloud service provider has multiple units of a resource available over time. Selfish clients submit jobs, each with an arrival time, deadline, length, and value. The service providers goal is to implement a truthful online mechanism for scheduling jobs so as to maximize the social welfare of the schedule. Recent work shows that under a stochastic assumption on job arrivals, there is a single-parameter family of mechanisms that achieves near-optimal social welfare. We show that given any such family of near-optimal online mechanisms, there exists an online mechanism that in the worst case performs nearly as well as the best of the given mechanisms. Our mechanism is truthful whenever the mechanisms in the given family are truthful and prompt, and achieves optimal (within constant factors) regret. We model the problem of competing against a family of online scheduling mechanisms as one of learning from expert advice. A primary challenge is that any scheduling decisions we make affect not only the payoff at the current step, but also the resource availability and payoffs in future steps. Furthermore, switching from one algorithm (a.k.a. expert) to another in an online fashion is challenging both because it requires synchronization with the state of the latter algorithm as well as because it affects the incentive structure of the algorithms. We further show how to adapt our algorithm to a non-clairvoyant setting where job lengths are unknown until jobs are run to completion. Once again, in this setting, we obtain truthfulness along with asymptotically optimal regret (within poly-logarithmic factors).
Most modern recommendation systems use the approach of collaborative filtering: users that are believed to behave alike are used to produce recommendations. In this work we describe an application (Liquid FM) taking a completely different approach. Liquid FM is a music recommendation system that makes the user responsible for the recommended items. Suggestions are the result of a voting scheme, employing the idea of viscous democracy. Liquid FM can also be thought of as the first testbed for this voting system. In this paper we outline the design and architecture of the application, both from the theoretical and from the implementation viewpoints.
In many settings, an effective way of evaluating objects of interest is to collect evaluations from dispersed individuals and to aggregate these evaluations together. Some examples are categorizing online content and evaluating student assignments via peer grading. For this data science problem, one challenge is to motivate participants to conduct such evaluations carefully and to report them honestly, particularly when doing so is costly. Existing approaches, notably peer-prediction mechanisms, can incentivize truth telling in equilibrium. However, they also give rise to equilibria in which agents do not pay the costs required to evaluate accurately, and hence fail to elicit useful information. We show that this problem is unavoidable whenever agents are able to coordinate using low-cost signals about the items being evaluated (e.g., text labels or pictures). We then consider ways of circumventing this problem by comparing agents reports to ground truth, which is available in practice when there exist trusted evaluators---such as teaching assistants in the peer grading scenario---who can perform a limited number of unbiased (but noisy) evaluations. Of course, when such ground truth is available, a simpler approach is also possible: rewarding each agent based on agreement with ground truth with some probability, and unconditionally rewarding the agent otherwise. Surprisingly, we show that the simpler mechanism achieves stronger incentive guarantees given less access to ground truth than a large set of peer-prediction mechanisms.
Log in to be able to interact and post comments
comments
Fetching comments
Sign in to be able to follow your search criteria
