Explore Truthful Incentives for Tasks with Heterogenous Levels of Difficulty in the Sharing Economy

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.

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Pengzhan Zhou, Xin Wei, Cong Wang, Yuanyuan Yang. “Paper Explore Truthful Incentives for Tasks with Heterogenous Levels of Difficulty in the Sharing Economy.” International Joint Conferences on Artificial Intelligence (IJCAI). Macau, 2019.