How Much Should I Pay? An Empirical Analysis on Monetary Prize in TopCoder

Autor: Saremi, Mostaan Lotfalian, Saremi, Razieh, Martinez-Mejorado, Denisse
Rok vydání: 2020
Předmět:
Zdroj: C. Stephanidis and M. Antona (Eds.): HCII 2020, CCIS 1226, pp. 202-208, 2020
Druh dokumentu: Working Paper
DOI: 10.1007/978-3-030-50732-9
Popis: It is reported that task monetary prize is one of the most important motivating factors to attract crowd workers. While using expert-based methods to price Crowdsourcing tasks is a common practice, the challenge of validating the associated prices across different tasks is a constant issue. To address this issue, three different classifications of multiple linear regression, logistic regression, and K-nearest neighbor were compared to find the most accurate predicted price, using a dataset from the TopCoder website. The result of comparing chosen algorithms showed that the logistics regression model will provide the highest accuracy of 90% to predict the associated price to tasks and KNN ranked the second with an accuracy of 64% for K = 7. Also, applying PCA wouldn't lead to any better prediction accuracy as data components are not correlated.
Comment: 8 pages, 5 figures, 3 tables, HIC International 2020
Databáze: arXiv