{"id":"https://openalex.org/W7153991804","doi":"https://doi.org/10.48550/arxiv.2604.08821","title":"Buying Data of Unknown Quality: Fisher Information Procurement Auctions","display_name":"Buying Data of Unknown Quality: Fisher Information Procurement Auctions","publication_year":2026,"publication_date":"2026-04-09","ids":{"openalex":"https://openalex.org/W7153991804","doi":"https://doi.org/10.48550/arxiv.2604.08821"},"language":null,"primary_location":{"id":"doi:10.48550/arxiv.2604.08821","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2604.08821","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},"type":"preprint","indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.48550/arxiv.2604.08821","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5133484138","display_name":"Yuchen Hu","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Hu, Yuchen","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5038379562","display_name":"Martin J. Wainwright","orcid":"https://orcid.org/0000-0002-8760-2236"},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Wainwright, Martin J.","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5133527100","display_name":"Stephen Bates","orcid":null},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Bates, Stephen","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.7102000117301941,"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"}},"topics":[{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.7102000117301941,"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/T10991","display_name":"Game Theory and Voting Systems","score":0.022600000724196434,"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/T11031","display_name":"Game Theory and Applications","score":0.017899999395012856,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/common-value-auction","display_name":"Common value auction","score":0.7105000019073486},{"id":"https://openalex.org/keywords/procurement","display_name":"Procurement","score":0.6082000136375427},{"id":"https://openalex.org/keywords/quality","display_name":"Quality (philosophy)","score":0.6021999716758728},{"id":"https://openalex.org/keywords/sample","display_name":"Sample (material)","score":0.5497000217437744},{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.5401999950408936},{"id":"https://openalex.org/keywords/ex-ante","display_name":"Ex-ante","score":0.48579999804496765},{"id":"https://openalex.org/keywords/sample-size-determination","display_name":"Sample size determination","score":0.40470001101493835},{"id":"https://openalex.org/keywords/data-quality","display_name":"Data quality","score":0.3944999873638153}],"concepts":[{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.7105000019073486},{"id":"https://openalex.org/C201650216","wikidata":"https://www.wikidata.org/wiki/Q829492","display_name":"Procurement","level":2,"score":0.6082000136375427},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.6021999716758728},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5497000217437744},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.5401999950408936},{"id":"https://openalex.org/C122251271","wikidata":"https://www.wikidata.org/wiki/Q940039","display_name":"Ex-ante","level":2,"score":0.48579999804496765},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.45509999990463257},{"id":"https://openalex.org/C129848803","wikidata":"https://www.wikidata.org/wiki/Q2564360","display_name":"Sample size determination","level":2,"score":0.40470001101493835},{"id":"https://openalex.org/C24756922","wikidata":"https://www.wikidata.org/wiki/Q1757694","display_name":"Data quality","level":3,"score":0.3944999873638153},{"id":"https://openalex.org/C87007009","wikidata":"https://www.wikidata.org/wiki/Q210832","display_name":"Statistical hypothesis testing","level":2,"score":0.39259999990463257},{"id":"https://openalex.org/C153517567","wikidata":"https://www.wikidata.org/wiki/Q26090","display_name":"Mechanism design","level":2,"score":0.39010000228881836},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.37779998779296875},{"id":"https://openalex.org/C45983554","wikidata":"https://www.wikidata.org/wiki/Q3412851","display_name":"Information quality","level":3,"score":0.375900000333786},{"id":"https://openalex.org/C113336015","wikidata":"https://www.wikidata.org/wiki/Q574010","display_name":"Complete information","level":2,"score":0.3644999861717224},{"id":"https://openalex.org/C137577040","wikidata":"https://www.wikidata.org/wiki/Q431965","display_name":"Information asymmetry","level":2,"score":0.35910001397132874},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3504999876022339},{"id":"https://openalex.org/C91810955","wikidata":"https://www.wikidata.org/wiki/Q7731670","display_name":"Incentive compatibility","level":3,"score":0.3472999930381775},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.34459999203681946},{"id":"https://openalex.org/C194291561","wikidata":"https://www.wikidata.org/wiki/Q2852717","display_name":"Reverse auction","level":3,"score":0.3319999873638153},{"id":"https://openalex.org/C2777267654","wikidata":"https://www.wikidata.org/wiki/Q3519023","display_name":"Test (biology)","level":2,"score":0.3287999927997589},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.31540000438690186},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3122999966144562},{"id":"https://openalex.org/C96250715","wikidata":"https://www.wikidata.org/wiki/Q965330","display_name":"Estimation","level":2,"score":0.30570000410079956},{"id":"https://openalex.org/C140779682","wikidata":"https://www.wikidata.org/wiki/Q210868","display_name":"Sampling (signal processing)","level":3,"score":0.29910001158714294},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.27889999747276306},{"id":"https://openalex.org/C3020318244","wikidata":"https://www.wikidata.org/wiki/Q4812187","display_name":"Large sample","level":2,"score":0.2653999924659729},{"id":"https://openalex.org/C2780586882","wikidata":"https://www.wikidata.org/wiki/Q7520643","display_name":"Simple (philosophy)","level":2,"score":0.2500999867916107}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.48550/arxiv.2604.08821","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2604.08821","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":null,"raw_source_name":null,"raw_type":"Preprint"}],"best_oa_location":{"id":"doi:10.48550/arxiv.2604.08821","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2604.08821","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":[],"abstract_inverted_index":{"We":[0,63,90,137],"study":[1],"statistical":[2,131],"parameter":[3,17],"estimation":[4,61],"in":[5,30,147,187],"the":[6,59,94,110,123,134,162,171,177],"setting":[7,97],"of":[8,56,133,173],"data":[9,32,99,188],"markets.":[10,189],"A":[11],"buyer":[12],"seeks":[13],"to":[14,93,157],"estimate":[15],"a":[16,45,78,81,118,127],"based":[18],"on":[19],"samples":[20],"that":[21,28,48,68,121,139,159],"can":[22,104],"be":[23,106],"purchased":[24],"from":[25],"competing":[26],"providers":[27,70],"differ":[29],"their":[31],"quality":[33,38,100,155],"and":[34,74,80,103,153,176,184],"provision":[35,52],"costs.":[36],"When":[37],"is":[39,101],"known":[40],"ex":[41,129],"ante,":[42],"we":[43,116],"define":[44],"cost-per-information":[46],"score":[47],"summarizes":[49],"each":[50],"provider's":[51],"cost":[53,87],"per":[54],"unit":[55],"information":[57],"about":[58],"buyer's":[60,178],"objective.":[62],"describe":[64],"second-score":[65,124],"procurement":[66],"mechanism":[67,120],"ranks":[69],"by":[71],"this":[72,114],"score,":[73],"endogenously":[75],"chooses":[76],"both":[77],"provider":[79],"sample":[82,164],"size":[83,165],"while":[84],"making":[85],"truthful":[86],"reports":[88],"optimal.":[89],"then":[91],"turn":[92],"more":[95],"realistic":[96],"where":[98],"private,":[102],"only":[105],"indirectly":[107],"observed":[108],"via":[109],"delivered":[111],"data.":[112],"In":[113],"setting,":[115],"propose":[117],"simple":[119],"augments":[122],"rule":[125],"with":[126],"lenient":[128],"post":[130],"test":[132,175],"reported":[135],"quality.":[136],"prove":[138],"under":[140],"mild":[141],"conditions,":[142],"there":[143],"exists":[144],"an":[145],"equilibrium":[146],"which":[148],"sellers":[149],"report":[150,154],"costs":[151],"truthfully":[152],"up":[156],"deviations":[158],"vanish":[160],"as":[161],"procured":[163],"grows.":[166],"Our":[167],"analysis":[168],"highlights":[169],"how":[170],"choice":[172],"verification":[174],"accuracy-cost":[179],"tradeoff":[180],"jointly":[181],"shape":[182],"participation":[183],"misreporting":[185],"incentives":[186]},"counts_by_year":[],"updated_date":"2026-07-01T06:00:48.157686","created_date":"2026-04-14T00:00:00"}
