PPT-Crowdsourcing and All-Pay Auctions

Milan Vojnovic Microsoft Research Lecture series Contemporary Economic Issues University of East Anglia Norwich UK November 10 2014 This Talk An overview of results of a model of competitionbased crowdsourcing services based on . Petar. . Petrov. ECON 1465, Fall 2010 . Brown University. What is a Treasury. U.S. Government debt obligations backed by its full faith and credit. Bills (< 1y), Notes (1-5y), Bonds (>5y), TIPS. Buy it Now . Gabi Lewis & Jason Lee. What are Penny Auctions?. “Win an Ipad for $40!”. Auction Format. Bid packages, bid fees, price increments, timer.. Auction or Lottery?. Winner usually pays far less than value.. Workshop. . Prof. . Tova. Milo. Slava. . Novgorodov. Tel Aviv University 2014/2015. Projects. The team size is around 4 students and should be decided by the next week. The projects should be done during the semester. Crowdsourcing. & . Web Mapping. Agenda. Citizen Mapping. OpenStreetMap. Google Map Maker. Google Earth. Crowdsourcing. Crowdsourcing is the process of getting work, usually online, from a crowd of people. The word is a combination of the words 'crowd' and 'outsourcing'. The idea is to take work and outsource it to a crowd of workers.. & . Combinatorial Auctions. Adapted from notes by Vincent . Conitzer. . Auctions Assumption is – . If you buy the item for exactly what it is worth, there is no utility.. Yale slides bring this home – especially if your evaluation isn’t correct.. Abert. . Plà. eXiT. – University of . Girona. Advisors: Beatriz . López. & Javier Murillo. 1. LIP6 . Seminar. – . Université. Pierre et Marie . Curie. Paris VI (12-2-2012). eXiT: Control Engineering and Intelligent Systems. Using SIS. Duncan Yung. Crowdsourcing. Example: Find the lowest price of a product. Distribute the task to different workers.. Workers submit answers.. Return the lowest price when timeout.. Crowdsourcing. University of Wisconsin . Big Data, Big Knowledge, and Big Crowd. The world has changed; now everything is data centric. everyone collects, stores, analyzes TBs and PBs of data . To manage data in this new world, need 3B technologies: . . Lessons Learned from Participation. . of a Local EPC Company. . German-Indonesia Business Forum on. Grid-Connected PV Systems. Intercontinental Jakarta MidPlaza Hotel. Intro to Digital History. Captcha. Re-. Captcha. Simple Crowdsourcing. Wikipedia. Commercial Crowdsourcing. Historical Crowdsourcing. Old Weather. Old Weather - . Gamification. Old Weather - . Gamification. What is the nature of the good being auctioned?. What are the rules of bidding?. Private value auction. Common value auction. Each bidder has a potentially different valuation of the good owing to tastes and preferences e.g. fine art. Alexander . Prenta. BUS 550 9/27/2018. Summary. Introduction to crowdsourcing. Case study: Quirky. Four pitfalls made by Quirky. Discussion. Quiz. -Crowdsourcing is a sourcing model in which individuals or organizations obtain goods and services.. Penny Auctions & Buy it Now Gabi Lewis & Jason Lee What are Penny Auctions? “Win an Ipad for $40!” Auction Format Bid packages, bid fees, price increments, timer. Auction or Lottery? Winner usually pays far less than value. Rosanne Hui. Market Design & Auction Theories. Presentation 12/01/2010 . The English Auction. Ascending . bids. Strategically similar to . Vickrey. auction, in which the winner pays the . second-highest bid price.