Difference between revisions of "Milestone 4 TuringMachine: Sustainable Reputation Mechanism; Insights from Finance Industry"

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(Created page with "==Influence and Related work == [http://crowdresearch.stanford.edu/w/img_auth.php/7/7f/The_future_of_crowd_work_%28private%29.pdf The Future of Work, Kittur etal 2013] and [ht...")
 
(Tranches Structure Penalties, Incentives)
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* Based on the ratings we can create the tranches of workers and requestors  
 
* Based on the ratings we can create the tranches of workers and requestors  
 
* This structure exposes the risk involved in the crowdsourcing platforms.  
 
* This structure exposes the risk involved in the crowdsourcing platforms.  
* Using rating profiles workers can build the task portfolio and maximize the profit by diversifying the risk. For instance, a worker can select one task from tranch A,  3 from Avg, and rest from D.  
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* The workers can build the task portfolio using rating profiles and maximize the profit by diversifying the risk. For instance, a worker can select one task from tranch A,  3 from Avg, and rest from D.  
  
 
[[File:4.2gaikwad.png|800px|center|Class]]
 
[[File:4.2gaikwad.png|800px|center|Class]]

Revision as of 22:00, 25 March 2015

Influence and Related work

The Future of Work, Kittur etal 2013 and Genomes of Collective Intelligence Framework, Malone etal 2010 have shown that Reputation plays a big role in developing sustainable crowd sourcing communities. We build our idea based on theories in structured finance and recommendation system.

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Requestor-Worker Ratings

  • Workers and requestors rate each other.
  • An automated tranche creation algorithm clusters workers into A to E category.
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Tranches Structure Penalties, Incentives

  • For the requestors in A tranche the minimum wage requirement is avg/below avg. However, for the requestors in D the minimum wage requirement is higher. Similar structure is designed for the worker please see figure 2.
  • Based on the ratings we can create the tranches of workers and requestors
  • This structure exposes the risk involved in the crowdsourcing platforms.
  • The workers can build the task portfolio using rating profiles and maximize the profit by diversifying the risk. For instance, a worker can select one task from tranch A, 3 from Avg, and rest from D.
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