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Friday, May 05, 2017

The Application of Contest Theory

Abstract, Video, full text in ACM digital.

Contest Theory   By Milan Vojnović 
Communications of the ACM, Vol. 60 No. 5, Pages 70-80

A variety of Internet online services are designed based on contests. A canonical example is crowdsourcing services, which solicit solutions to tasks by open calls to online communities. Here the tasks can be of different categories, such as art design, software development, data-science problems, and various challenges such as planetary-scale locating of objects.12, 28 These services operate under certain contest rules that include specifying a prize allocation mechanism, for example, awarding only a first-place prize or several position prizes.   ... " 

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