Improved bayes risk can yield reduced social welfare under competition

M Jagadeesan, M Jordan… - Advances in Neural …, 2024 - proceedings.neurips.cc
As the scale of machine learning models increases, trends such as scaling laws anticipate
consistent downstream improvements in predictive accuracy. However, these trends take the …

Safety vs. performance: How multi-objective learning reduces barriers to market entry

M Jagadeesan, MI Jordan, J Steinhardt - arXiv preprint arXiv:2409.03734, 2024 - arxiv.org
Emerging marketplaces for large language models and other large-scale machine learning
(ML) models appear to exhibit market concentration, which has raised concerns about …

Coopetition against an amazon

R Gradwohl, M Tennenholtz - Journal of Artificial Intelligence Research, 2023 - jair.org
This paper analyzes cooperative data-sharing between competitors vying to predict a
consumer's tastes. We design optimal data-sharing schemes both for when they compete …

Prediction-Sharing During Training and Inference

Y Gafni, R Gradwohl, M Tennenholtz - International Symposium on …, 2024 - Springer
Two firms are engaged in a competitive prediction task. Each firm has two sources of data—
labeled historical data and unlabeled inference-time data—and uses the former to derive a …

The invisible faang

C Freedman, J Sagredo - Available at SSRN 3948210, 2021 - papers.ssrn.com
We present a model of seller expertise, expressed in our setting as the accuracy of seller
beliefs about buyers. Both buyers and sellers are heterogeneous ex-ante, the former with …

[PDF][PDF] The Visible Hand: Price Discrimination under Heterogeneous Precision

J Sagredo - 2024 - sagju.github.io
Technological innovations have allowed some sellers to collect detailed information about
buyers. I study these changes in a standard search-theoretic model of imperfect competition …

Prediction-Sharing During Training

R Gradwohl, M Tennenholtz - Algorithmic Game Theory: 17th …, 2024 - books.google.com
Two firms are engaged in a competitive prediction task. Each firm has two sources of data-
labeled historical data and unla-beled inference-time data—and uses the former to derive a …

Coopetition Against an Amazon

I Ariel - … Game Theory: 15th International Symposium, SAGT …, 2022 - books.google.com
This paper studies cooperative data-sharing between competitors vying to predict a
consumer's tastes. We design optimal datasharing schemes both for when they compete …