TY - GEN
T1 - Explore truthful incentives for tasks with heterogenous levels of difficulty in the sharing economy
AU - Zhou, Pengzhan
AU - Wei, Xin
AU - Wang, Cong
AU - Yang, Yuanyuan
N1 - Publisher Copyright:
© 2019 International Joint Conferences on Artificial Intelligence. All rights reserved.
PY - 2019
Y1 - 2019
N2 - Incentives are explored in the sharing economy to inspire users for better resource allocation. Previous works build a budget-feasible incentive mechanism to learn users' cost distribution. However, they only consider a special case that all tasks are considered as the same. The general problem asks for finding a solution when the cost for different tasks varies. In this paper, we investigate this general problem by considering a system with k levels of difficulty. We present two incentivizing strategies for offline and online implementation, and formally derive the ratio of utility between them in different scenarios. We propose a regret-minimizing mechanism to decide incentives by dynamically adjusting budget assignment and learning from users' cost distributions. Our experiment demonstrates utility improvement about 7 times and time saving of 54% to meet a utility objective compared to the previous works.
AB - Incentives are explored in the sharing economy to inspire users for better resource allocation. Previous works build a budget-feasible incentive mechanism to learn users' cost distribution. However, they only consider a special case that all tasks are considered as the same. The general problem asks for finding a solution when the cost for different tasks varies. In this paper, we investigate this general problem by considering a system with k levels of difficulty. We present two incentivizing strategies for offline and online implementation, and formally derive the ratio of utility between them in different scenarios. We propose a regret-minimizing mechanism to decide incentives by dynamically adjusting budget assignment and learning from users' cost distributions. Our experiment demonstrates utility improvement about 7 times and time saving of 54% to meet a utility objective compared to the previous works.
UR - https://www.scopus.com/pages/publications/85074942021
U2 - 10.24963/ijcai.2019/94
DO - 10.24963/ijcai.2019/94
M3 - Conference contribution
AN - SCOPUS:85074942021
T3 - IJCAI International Joint Conference on Artificial Intelligence
SP - 665
EP - 671
BT - Proceedings of the 28th International Joint Conference on Artificial Intelligence, IJCAI 2019
A2 - Kraus, Sarit
PB - International Joint Conferences on Artificial Intelligence
T2 - 28th International Joint Conference on Artificial Intelligence, IJCAI 2019
Y2 - 10 August 2019 through 16 August 2019
ER -