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Documents authored by Schoenebeck, Grant


Document
False Consensus, Information Theory, and Prediction Markets

Authors: Yuqing Kong and Grant Schoenebeck

Published in: LIPIcs, Volume 251, 14th Innovations in Theoretical Computer Science Conference (ITCS 2023)


Abstract
We study a setting where Bayesian agents with a common prior have private information related to an event’s outcome and sequentially make public announcements relating to their information. Our main result shows that when agents' private information is independent conditioning on the event’s outcome whenever agents have similar beliefs about the outcome, their information is aggregated. That is, there is no false consensus. Our main result has a short proof based on a natural information-theoretic framework. A key ingredient of the framework is the equivalence between the sign of the "interaction information" and a super/sub-additive property of the value of people’s information. This provides an intuitive interpretation and an interesting application of the interaction information, which measures the amount of information shared by three random variables. We illustrate the power of this information-theoretic framework by reproving two additional results within it: 1) that agents quickly agree when announcing (summaries of) beliefs in round-robin fashion [Aaronson 2005], and 2) results from [Chen et al 2010] on when prediction market agents should release information to maximize their payment. We also interpret the information-theoretic framework and the above results in prediction markets by proving that the expected reward of revealing information is the conditional mutual information of the information revealed.

Cite as

Yuqing Kong and Grant Schoenebeck. False Consensus, Information Theory, and Prediction Markets. In 14th Innovations in Theoretical Computer Science Conference (ITCS 2023). Leibniz International Proceedings in Informatics (LIPIcs), Volume 251, pp. 81:1-81:23, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2023)


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@InProceedings{kong_et_al:LIPIcs.ITCS.2023.81,
  author =	{Kong, Yuqing and Schoenebeck, Grant},
  title =	{{False Consensus, Information Theory, and Prediction Markets}},
  booktitle =	{14th Innovations in Theoretical Computer Science Conference (ITCS 2023)},
  pages =	{81:1--81:23},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-263-1},
  ISSN =	{1868-8969},
  year =	{2023},
  volume =	{251},
  editor =	{Tauman Kalai, Yael},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ITCS.2023.81},
  URN =		{urn:nbn:de:0030-drops-175844},
  doi =		{10.4230/LIPIcs.ITCS.2023.81},
  annote =	{Keywords: Agreeing to disagree, false consensus, information theory, prediction market}
}
Document
Relaxing Common Belief for Social Networks

Authors: Noah Burrell and Grant Schoenebeck

Published in: LIPIcs, Volume 185, 12th Innovations in Theoretical Computer Science Conference (ITCS 2021)


Abstract
We propose a relaxation of common belief called factional belief that is suitable for the analysis of strategic coordination on social networks. We show how this definition can be used to analyze revolt games on general graphs, including by giving an efficient algorithm that characterizes a structural result about the possible equilibria of such games. This extends prior work on common knowledge and common belief, which has been too restrictive for use in understanding strategic coordination and cooperation in social network settings.

Cite as

Noah Burrell and Grant Schoenebeck. Relaxing Common Belief for Social Networks. In 12th Innovations in Theoretical Computer Science Conference (ITCS 2021). Leibniz International Proceedings in Informatics (LIPIcs), Volume 185, pp. 45:1-45:20, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2021)


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@InProceedings{burrell_et_al:LIPIcs.ITCS.2021.45,
  author =	{Burrell, Noah and Schoenebeck, Grant},
  title =	{{Relaxing Common Belief for Social Networks}},
  booktitle =	{12th Innovations in Theoretical Computer Science Conference (ITCS 2021)},
  pages =	{45:1--45:20},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-177-1},
  ISSN =	{1868-8969},
  year =	{2021},
  volume =	{185},
  editor =	{Lee, James R.},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ITCS.2021.45},
  URN =		{urn:nbn:de:0030-drops-135841},
  doi =		{10.4230/LIPIcs.ITCS.2021.45},
  annote =	{Keywords: Social networks, network revolt games, common belief}
}
Document
Learning and Strongly Truthful Multi-Task Peer Prediction: A Variational Approach

Authors: Grant Schoenebeck and Fang-Yi Yu

Published in: LIPIcs, Volume 185, 12th Innovations in Theoretical Computer Science Conference (ITCS 2021)


Abstract
Peer prediction mechanisms incentivize agents to truthfully report their signals even in the absence of verification by comparing agents' reports with those of their peers. In the detail-free multi-task setting, agents are asked to respond to multiple independent and identically distributed tasks, and the mechanism does not know the prior distribution of agents' signals. The goal is to provide an ε-strongly truthful mechanism where truth-telling rewards agents "strictly" more than any other strategy profile (with ε additive error) even for heterogeneous agents, and to do so while requiring as few tasks as possible. We design a family of mechanisms with a scoring function that maps a pair of reports to a score. The mechanism is strongly truthful if the scoring function is "prior ideal". Moreover, the mechanism is ε-strongly truthful as long as the scoring function used is sufficiently close to the ideal scoring function. This reduces the above mechanism design problem to a learning problem - specifically learning an ideal scoring function. Because learning the prior distribution is sufficient (but not necessary) to learn the scoring function, we can apply standard learning theory techniques that leverage side information about the prior (e.g., that it is close to some parametric model). Furthermore, we derive a variational representation of an ideal scoring function and reduce the learning problem into an empirical risk minimization. We leverage this reduction to obtain very general results for peer prediction in the multi-task setting. Specifically, - Sample Complexity: We show how to derive good bounds on the number of tasks required for different types of priors-in some cases exponentially improving previous results. In particular, we can upper bound the required number of tasks for parametric models with bounded learning complexity. Furthermore, our reduction applies to myriad continuous signal space settings. To the best of our knowledge, this is the first peer-prediction mechanism on continuous signals designed for the multi-task setting. - Connection to Machine Learning: We show how to turn a soft-predictor of an agent’s signals (given the other agents' signals) into a mechanism. This allows the practical use of machine learning algorithms that give good results even when many agents provide noisy information. - Stronger Properties: In the finite setting, we obtain ε-strongly truthful mechanisms for any stochastically relevant prior. Prior works either only apply to more restrictive settings, or achieve a weaker notion of truthfulness (informed truthfulness).

Cite as

Grant Schoenebeck and Fang-Yi Yu. Learning and Strongly Truthful Multi-Task Peer Prediction: A Variational Approach. In 12th Innovations in Theoretical Computer Science Conference (ITCS 2021). Leibniz International Proceedings in Informatics (LIPIcs), Volume 185, pp. 78:1-78:20, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2021)


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@InProceedings{schoenebeck_et_al:LIPIcs.ITCS.2021.78,
  author =	{Schoenebeck, Grant and Yu, Fang-Yi},
  title =	{{Learning and Strongly Truthful Multi-Task Peer Prediction: A Variational Approach}},
  booktitle =	{12th Innovations in Theoretical Computer Science Conference (ITCS 2021)},
  pages =	{78:1--78:20},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-177-1},
  ISSN =	{1868-8969},
  year =	{2021},
  volume =	{185},
  editor =	{Lee, James R.},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ITCS.2021.78},
  URN =		{urn:nbn:de:0030-drops-136177},
  doi =		{10.4230/LIPIcs.ITCS.2021.78},
  annote =	{Keywords: Information elicitation without verification, crowdsourcing, machine learning}
}
Document
RANDOM
Think Globally, Act Locally: On the Optimal Seeding for Nonsubmodular Influence Maximization

Authors: Grant Schoenebeck, Biaoshuai Tao, and Fang-Yi Yu

Published in: LIPIcs, Volume 145, Approximation, Randomization, and Combinatorial Optimization. Algorithms and Techniques (APPROX/RANDOM 2019)


Abstract
We study the r-complex contagion influence maximization problem. In the influence maximization problem, one chooses a fixed number of initial seeds in a social network to maximize the spread of their influence. In the r-complex contagion model, each uninfected vertex in the network becomes infected if it has at least r infected neighbors. In this paper, we focus on a random graph model named the stochastic hierarchical blockmodel, which is a special case of the well-studied stochastic blockmodel. When the graph is not exceptionally sparse, in particular, when each edge appears with probability omega (n^{-(1+1/r)}), under certain mild assumptions, we prove that the optimal seeding strategy is to put all the seeds in a single community. This matches the intuition that in a nonsubmodular cascade model placing seeds near each other creates synergy. However, it sharply contrasts with the intuition for submodular cascade models (e.g., the independent cascade model and the linear threshold model) in which nearby seeds tend to erode each others' effects. Finally, we show that this observation yields a polynomial time dynamic programming algorithm which outputs optimal seeds if each edge appears with a probability either in omega (n^{-(1+1/r)}) or in o (n^{-2}).

Cite as

Grant Schoenebeck, Biaoshuai Tao, and Fang-Yi Yu. Think Globally, Act Locally: On the Optimal Seeding for Nonsubmodular Influence Maximization. In Approximation, Randomization, and Combinatorial Optimization. Algorithms and Techniques (APPROX/RANDOM 2019). Leibniz International Proceedings in Informatics (LIPIcs), Volume 145, pp. 39:1-39:20, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2019)


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@InProceedings{schoenebeck_et_al:LIPIcs.APPROX-RANDOM.2019.39,
  author =	{Schoenebeck, Grant and Tao, Biaoshuai and Yu, Fang-Yi},
  title =	{{Think Globally, Act Locally: On the Optimal Seeding for Nonsubmodular Influence Maximization}},
  booktitle =	{Approximation, Randomization, and Combinatorial Optimization. Algorithms and Techniques (APPROX/RANDOM 2019)},
  pages =	{39:1--39:20},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-125-2},
  ISSN =	{1868-8969},
  year =	{2019},
  volume =	{145},
  editor =	{Achlioptas, Dimitris and V\'{e}gh, L\'{a}szl\'{o} A.},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.APPROX-RANDOM.2019.39},
  URN =		{urn:nbn:de:0030-drops-112542},
  doi =		{10.4230/LIPIcs.APPROX-RANDOM.2019.39},
  annote =	{Keywords: Nonsubmodular Influence Maximization, Bootstrap Percolation, Stochastic Blockmodel}
}
Document
Equilibrium Selection in Information Elicitation without Verification via Information Monotonicity

Authors: Yuqing Kong and Grant Schoenebeck

Published in: LIPIcs, Volume 94, 9th Innovations in Theoretical Computer Science Conference (ITCS 2018)


Abstract
In this paper, we propose a new mechanism - the Disagreement Mechanism - which elicits privately-held, non-variable information from self-interested agents in the single question (peer-prediction) setting. To the best of our knowledge, our Disagreement Mechanism is the first strictly truthful mechanism in the single-question setting that is simultaneously: - Detail-Free: does not need to know the common prior; - Focal: truth-telling pays strictly higher than any other symmetric equilibria excluding some unnatural permutation equilibria; - Small group: the properties of the mechanism hold even for a small number of agents, even in binary signal setting. Our mechanism only asks each agent her signal as well as a forecast of the other agents' signals. Additionally, we show that the focal result is both tight and robust, and we extend it to the case of asymmetric equilibria when the number of agents is sufficiently large.

Cite as

Yuqing Kong and Grant Schoenebeck. Equilibrium Selection in Information Elicitation without Verification via Information Monotonicity. In 9th Innovations in Theoretical Computer Science Conference (ITCS 2018). Leibniz International Proceedings in Informatics (LIPIcs), Volume 94, pp. 13:1-13:20, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2018)


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@InProceedings{kong_et_al:LIPIcs.ITCS.2018.13,
  author =	{Kong, Yuqing and Schoenebeck, Grant},
  title =	{{Equilibrium Selection in Information Elicitation without Verification via Information Monotonicity}},
  booktitle =	{9th Innovations in Theoretical Computer Science Conference (ITCS 2018)},
  pages =	{13:1--13:20},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-060-6},
  ISSN =	{1868-8969},
  year =	{2018},
  volume =	{94},
  editor =	{Karlin, Anna R.},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ITCS.2018.13},
  URN =		{urn:nbn:de:0030-drops-83174},
  doi =		{10.4230/LIPIcs.ITCS.2018.13},
  annote =	{Keywords: peer prediction, equilibrium selection, information theory}
}
Document
Optimizing Bayesian Information Revelation Strategy in Prediction Markets: the Alice Bob Alice Case

Authors: Yuqing Kong and Grant Schoenebeck

Published in: LIPIcs, Volume 94, 9th Innovations in Theoretical Computer Science Conference (ITCS 2018)


Abstract
Prediction markets provide a unique and compelling way to sell and aggregate information, yet a good understanding of optimal strategies for agents participating in such markets remains elusive. To model this complex setting, prior work proposes a three stages game called the Alice Bob Alice (A-B-A) game - Alice participates in the market first, then Bob joins, and then Alice has a chance to participate again. While prior work has made progress in classifying the optimal strategy for certain interesting edge cases, it remained an open question to calculate Alice's best strategy in the A-B-A game for a general information structure. In this paper, we analyze the A-B-A game for a general information structure and (1) show a "revelation-principle" style result: it is enough for Alice to use her private signal space as her announced signal space, that is, Alice cannot gain more by revealing her information more "finely"; (2) provide a FPTAS to compute the optimal information revelation strategy with additive error when Alice's information is a signal from a constant-sized set; (3) show that sometimes it is better for Alice to reveal partial information in the first stage even if Alice's information is a single binary bit.

Cite as

Yuqing Kong and Grant Schoenebeck. Optimizing Bayesian Information Revelation Strategy in Prediction Markets: the Alice Bob Alice Case. In 9th Innovations in Theoretical Computer Science Conference (ITCS 2018). Leibniz International Proceedings in Informatics (LIPIcs), Volume 94, pp. 14:1-14:20, Schloss Dagstuhl – Leibniz-Zentrum für Informatik (2018)


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@InProceedings{kong_et_al:LIPIcs.ITCS.2018.14,
  author =	{Kong, Yuqing and Schoenebeck, Grant},
  title =	{{Optimizing Bayesian Information Revelation Strategy in Prediction Markets: the Alice Bob Alice Case}},
  booktitle =	{9th Innovations in Theoretical Computer Science Conference (ITCS 2018)},
  pages =	{14:1--14:20},
  series =	{Leibniz International Proceedings in Informatics (LIPIcs)},
  ISBN =	{978-3-95977-060-6},
  ISSN =	{1868-8969},
  year =	{2018},
  volume =	{94},
  editor =	{Karlin, Anna R.},
  publisher =	{Schloss Dagstuhl -- Leibniz-Zentrum f{\"u}r Informatik},
  address =	{Dagstuhl, Germany},
  URL =		{https://drops.dagstuhl.de/entities/document/10.4230/LIPIcs.ITCS.2018.14},
  URN =		{urn:nbn:de:0030-drops-83191},
  doi =		{10.4230/LIPIcs.ITCS.2018.14},
  annote =	{Keywords: prediction market, information revelation, optimization}
}
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