{"id":"https://openalex.org/W2220998724","doi":"https://doi.org/10.1145/2716327","title":"Subsidized Prediction Mechanisms for Risk-Averse Agents","display_name":"Subsidized Prediction Mechanisms for Risk-Averse Agents","publication_year":2015,"publication_date":"2015-07-31","ids":{"openalex":"https://openalex.org/W2220998724","doi":"https://doi.org/10.1145/2716327","mag":"2220998724"},"language":"en","primary_location":{"id":"doi:10.1145/2716327","is_oa":false,"landing_page_url":"https://doi.org/10.1145/2716327","pdf_url":null,"source":{"id":"https://openalex.org/S4210173995","display_name":"ACM Transactions on Economics and Computation","issn_l":"2167-8375","issn":["2167-8375","2167-8383"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319798","host_organization_name":"Association for Computing Machinery","host_organization_lineage":["https://openalex.org/P4310319798"],"host_organization_lineage_names":["Association for Computing Machinery"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"ACM Transactions on Economics and Computation","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5010307197","display_name":"Stanko Dimitrov","orcid":"https://orcid.org/0000-0003-1573-1140"},"institutions":[{"id":"https://openalex.org/I151746483","display_name":"University of Waterloo","ror":"https://ror.org/01aff2v68","country_code":"CA","type":"education","lineage":["https://openalex.org/I151746483"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Stanko Dimitrov","raw_affiliation_strings":["University of Waterloo"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Waterloo","institution_ids":["https://openalex.org/I151746483"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5060090755","display_name":"Rahul Sami","orcid":null},"institutions":[{"id":"https://openalex.org/I1291425158","display_name":"Google (United States)","ror":"https://ror.org/00njsd438","country_code":"US","type":"company","lineage":["https://openalex.org/I1291425158","https://openalex.org/I4210128969"]},{"id":"https://openalex.org/I27837315","display_name":"University of Michigan","ror":"https://ror.org/00jmfr291","country_code":"US","type":"education","lineage":["https://openalex.org/I27837315"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Rahul Sami","raw_affiliation_strings":["University of Michigan (current affiliation: Google, Bangalore, India)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Michigan (current affiliation: Google, Bangalore, India)","institution_ids":["https://openalex.org/I1291425158","https://openalex.org/I27837315"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5013764577","display_name":"Marina A. Epelman","orcid":"https://orcid.org/0000-0002-0056-1583"},"institutions":[{"id":"https://openalex.org/I27837315","display_name":"University of Michigan","ror":"https://ror.org/00jmfr291","country_code":"US","type":"education","lineage":["https://openalex.org/I27837315"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Marina A. Epelman","raw_affiliation_strings":["University of Michigan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Michigan","institution_ids":["https://openalex.org/I27837315"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":1.2982,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":{"value":0.89176418,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":94},"biblio":{"volume":"3","issue":"4","first_page":"1","last_page":"23"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11674","display_name":"Sports Analytics and Performance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11674","display_name":"Sports Analytics and Performance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9955999851226807,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9869999885559082,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/risk-aversion","display_name":"Risk aversion (psychology)","score":0.6478524208068848},{"id":"https://openalex.org/keywords/mechanism","display_name":"Mechanism (biology)","score":0.6118173599243164},{"id":"https://openalex.org/keywords/private-information-retrieval","display_name":"Private information retrieval","score":0.5338897109031677},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5238093137741089},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.5016319751739502},{"id":"https://openalex.org/keywords/mechanism-design","display_name":"Mechanism design","score":0.49118945002555847},{"id":"https://openalex.org/keywords/subsidy","display_name":"Subsidy","score":0.44082772731781006},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.4327494204044342},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.41679665446281433},{"id":"https://openalex.org/keywords/expected-utility-hypothesis","display_name":"Expected utility hypothesis","score":0.35740894079208374},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.35443830490112305},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.34863537549972534},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.34356796741485596},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.2656741142272949},{"id":"https://openalex.org/keywords/machine-learning","display_name":"Machine learning","score":0.16394519805908203}],"concepts":[{"id":"https://openalex.org/C129915516","wikidata":"https://www.wikidata.org/wiki/Q17083550","display_name":"Risk aversion (psychology)","level":3,"score":0.6478524208068848},{"id":"https://openalex.org/C89611455","wikidata":"https://www.wikidata.org/wiki/Q6804646","display_name":"Mechanism (biology)","level":2,"score":0.6118173599243164},{"id":"https://openalex.org/C99221444","wikidata":"https://www.wikidata.org/wiki/Q1532069","display_name":"Private information retrieval","level":2,"score":0.5338897109031677},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5238093137741089},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5016319751739502},{"id":"https://openalex.org/C153517567","wikidata":"https://www.wikidata.org/wiki/Q26090","display_name":"Mechanism design","level":2,"score":0.49118945002555847},{"id":"https://openalex.org/C84265765","wikidata":"https://www.wikidata.org/wiki/Q193219","display_name":"Subsidy","level":2,"score":0.44082772731781006},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4327494204044342},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.41679665446281433},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.35740894079208374},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.35443830490112305},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.34863537549972534},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.34356796741485596},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.2656741142272949},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.16394519805908203},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/2716327","is_oa":false,"landing_page_url":"https://doi.org/10.1145/2716327","pdf_url":null,"source":{"id":"https://openalex.org/S4210173995","display_name":"ACM Transactions on Economics and Computation","issn_l":"2167-8375","issn":["2167-8375","2167-8383"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319798","host_organization_name":"Association for Computing Machinery","host_organization_lineage":["https://openalex.org/P4310319798"],"host_organization_lineage_names":["Association for Computing Machinery"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"ACM Transactions on Economics and Computation","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320334593","display_name":"Natural Sciences and Engineering Research Council of Canada","ror":"https://ror.org/01h531d29"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":27,"referenced_works":["https://openalex.org/W1480393589","https://openalex.org/W1578796163","https://openalex.org/W1580723584","https://openalex.org/W1603577318","https://openalex.org/W1766619930","https://openalex.org/W1976267381","https://openalex.org/W1993288223","https://openalex.org/W2002471330","https://openalex.org/W2011308511","https://openalex.org/W2013149259","https://openalex.org/W2018000058","https://openalex.org/W2055471292","https://openalex.org/W2068394348","https://openalex.org/W2072633088","https://openalex.org/W2073241381","https://openalex.org/W2100539220","https://openalex.org/W2117785059","https://openalex.org/W2120832833","https://openalex.org/W2147269491","https://openalex.org/W2151389603","https://openalex.org/W2153628236","https://openalex.org/W2159379488","https://openalex.org/W2160367301","https://openalex.org/W2269079799","https://openalex.org/W2791379569","https://openalex.org/W3121654897","https://openalex.org/W4254277874"],"related_works":["https://openalex.org/W2901356298","https://openalex.org/W2165263141","https://openalex.org/W3007590317","https://openalex.org/W3123600988","https://openalex.org/W2156665530","https://openalex.org/W4250007077","https://openalex.org/W2133880097","https://openalex.org/W3124026440","https://openalex.org/W2015877203","https://openalex.org/W4240615594"],"abstract_inverted_index":{"In":[0],"this":[1,104],"article,":[2],"we":[3],"study":[4],"the":[5,14,70,83,93],"design":[6],"and":[7],"characterization":[8],"of":[9,16,26,42,60,63,86,95,115,125],"sequential":[10,31,126],"prediction":[11],"mechanisms":[12],"in":[13,132],"presence":[15],"agents":[17,114],"with":[18,92],"unknown":[19],"risk":[20,64,117],"aversion.":[21,65],"We":[22,34,66,97],"formulate":[23],"a":[24,36,46,99,133],"collection":[25],"desirable":[27],"properties":[28,124],"for":[29,53,113],"any":[30,107],"forecasting":[32,127],"mechanism.":[33],"present":[35],"randomized":[37],"mechanism":[38,71,108],"that":[39,48,69,103,109],"satisfies":[40],"all":[41,116],"these":[43],"properties,":[44],"including":[45],"guarantee":[47],"it":[49],"is":[50,105,110],"myopically":[51,111],"optimal":[52],"each":[54,77],"agent":[55],"to":[56],"report":[57],"honestly,":[58],"regardless":[59],"her":[61,87],"degree":[62],"observe,":[67],"however,":[68],"has":[72],"an":[73,136],"undesirable":[74],"side":[75],"effect:":[76],"agent's":[78],"expected":[79,139],"reward,":[80],"normalized":[81,140],"against":[82],"inherent":[84],"value":[85],"private":[88],"information,":[89],"decreases":[90],"exponentially":[91,137],"number":[94],"agents.":[96],"prove":[98],"negative":[100],"result":[101,131],"showing":[102],"unavoidable:":[106],"strategyproof":[112],"types,":[118],"while":[119],"also":[120],"satisfying":[121],"other":[122],"natural":[123],"mechanisms,":[128],"must":[129],"sometimes":[130],"player":[134],"getting":[135],"small":[138],"reward.":[141]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2018,"cited_by_count":1}],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}
