Scoring Strategic Agents

Fuente: arXiv
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Auteur principal: Ball, Ian
Format: Preprint
Publié: 2019
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author Ball, Ian
author_facet Ball, Ian
contents I introduce a model of predictive scoring. A receiver wants to predict a sender's quality. An intermediary observes multiple features of the sender and aggregates them into a score. Based on the score, the receiver makes a decision. The sender prefers "higher" decisions, and she can distort each feature at a privately known cost. I characterize the scoring rule that maximizes decision accuracy. This rule underweights some features to deter sender distortion, and overweights other features so that the score is correct on average. The receiver prefers this scoring rule to full disclosure because it mitigates his commitment problem.
format Preprint
id arxiv_https___arxiv_org_abs_1909_01888
institution arXiv
publishDate 2019
record_format arxiv
spellingShingle Scoring Strategic Agents
Ball, Ian
Theoretical Economics
I introduce a model of predictive scoring. A receiver wants to predict a sender's quality. An intermediary observes multiple features of the sender and aggregates them into a score. Based on the score, the receiver makes a decision. The sender prefers "higher" decisions, and she can distort each feature at a privately known cost. I characterize the scoring rule that maximizes decision accuracy. This rule underweights some features to deter sender distortion, and overweights other features so that the score is correct on average. The receiver prefers this scoring rule to full disclosure because it mitigates his commitment problem.
title Scoring Strategic Agents
topic Theoretical Economics
url https://arxiv.org/abs/1909.01888