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Despite recent advancements in machine learning, in practice, relevant datasets are often distributed among market competitors who are reluctant to share. To incentivize data sharing, recent works propose analytics markets, where multiple…

General Economics · Economics 2025-08-05 Thomas Falconer , Jalal Kazempour , Pierre Pinson

In this work, we aim to design a data marketplace; a robust real-time matching mechanism to efficiently buy and sell training data for Machine Learning tasks. While the monetization of data and pre-trained models is an essential focus of…

Computer Science and Game Theory · Computer Science 2019-05-14 Anish Agarwal , Munther Dahleh , Tuhin Sarkar

Although machine learning tasks are highly sensitive to the quality of input data, relevant datasets can often be challenging for firms to acquire, especially when held privately by a variety of owners. For instance, if these owners are…

Machine Learning · Computer Science 2024-07-02 Thomas Falconer , Jalal Kazempour , Pierre Pinson

Collaborative learning techniques have significantly advanced in recent years, enabling private model training across multiple organizations. Despite this opportunity, firms face a dilemma when considering data sharing with competitors --…

Machine Learning · Computer Science 2023-10-31 Nikita Tsoy , Nikola Konstantinov

High performance machine learning models have become highly dependent on the availability of large quantity and quality of training data. To achieve this, various central agencies such as the government have suggested for different data…

Machine Learning · Computer Science 2019-11-27 Zhiliang Chen

Prediction markets show considerable promise for developing flexible mechanisms for machine learning. Here, machine learning markets for multivariate systems are defined, and a utility-based framework is established for their analysis. This…

Artificial Intelligence · Computer Science 2015-03-19 Amos Storkey

Collaborative machine learning (CML) provides a promising paradigm for democratizing advanced technologies by enabling cost-sharing among participants. However, the potential for rent-seeking behaviors among parties can undermine such…

Machine Learning · Computer Science 2025-01-03 Bingchen Wang , Zhaoxuan Wu , Fusheng Liu , Bryan Kian Hsiang Low

Federated Learning is an emerging distributed collaborative learning paradigm used by many of applications nowadays. The effectiveness of federated learning relies on clients' collective efforts and their willingness to contribute local…

Computer Science and Game Theory · Computer Science 2022-05-24 Shuyu Kong , You Li , Hai Zhou

Energy forecasting has attracted enormous attention over the last few decades, with novel proposals related to the use of heterogeneous data sources, probabilistic forecasting, online learn-ing, etc. A key aspect that emerged is that…

Applications · Statistics 2022-04-05 Pierre Pinson , Liyang Han , Jalal Kazempour

With the rapid demand of data and computational resources in deep learning systems, a growing number of algorithms to utilize collaborative machine learning techniques, for example, federated learning, to train a shared deep model across…

Cryptography and Security · Computer Science 2021-12-21 Shangwei Guo , Xu Zhang , Fei Yang , Tianwei Zhang , Yan Gan , Tao Xiang , Yang Liu

Submodular functions have been a powerful mathematical model for a wide range of real-world applications. Recently, submodular functions are becoming increasingly important in machine learning (ML) for modelling notions such as information…

Machine Learning · Computer Science 2022-11-17 Dongge Han , Michael Wooldridge , Alex Rogers , Olga Ohrimenko , Sebastian Tschiatschek

Although both data availability and the demand for accurate forecasts are increasing, collaboration between stakeholders is often constrained by data ownership and competitive interests. In contrast to recent proposals within cooperative…

Machine Learning · Computer Science 2026-05-14 Michael Vitali , Pierre Pinson

Collaborative machine learning (ML) is an appealing paradigm to build high-quality ML models by training on the aggregated data from many parties. However, these parties are only willing to share their data when given enough incentives,…

Machine Learning · Computer Science 2020-10-27 Rachael Hwee Ling Sim , Yehong Zhang , Mun Choon Chan , Bryan Kian Hsiang Low

Sustainable financial markets play an important role in the functioning of human society. Still, the detection and prediction of risk in financial markets remain challenging and draw much attention from the scientific community. Here we…

Physics and Society · Physics 2018-11-27 Jingfang Fan , Keren Cohen , Louis M. Shekhtman , Sibo Liu , Jun Meng , Yoram Louzoun , Shlomo Havlin

Trading markets represent a real-world financial application to deploy reinforcement learning agents, however, they carry hard fundamental challenges such as high variance and costly exploration. Moreover, markets are inherently a…

Machine Learning · Computer Science 2021-07-20 Yue Gao , Kry Yik Chau Lui , Pablo Hernandez-Leal

Federated learning (FL) is increasingly recognized for its efficacy in training models using locally distributed data. However, the proper valuation of shared data in this collaborative process remains insufficiently addressed. In this…

Machine Learning · Computer Science 2024-02-06 Yue Cui , Liuyi Yao , Yaliang Li , Ziqian Chen , Bolin Ding , Xiaofang Zhou

In traditional machine learning, the central server first collects the data owners' private data together and then trains the model. However, people's concerns about data privacy protection are dramatically increasing. The emerging paradigm…

Computer Science and Game Theory · Computer Science 2020-03-30 Yutao Jiao , Ping Wang , Dusit Niyato , Bin Lin , Dong In Kim

Federated learning utilizes various resources provided by participants to collaboratively train a global model, which potentially address the data privacy issue of machine learning. In such promising paradigm, the performance will be…

Machine Learning · Computer Science 2021-06-30 Rongfei Zeng , Chao Zeng , Xingwei Wang , Bo Li , Xiaowen Chu

Restrictive rules for data sharing in many industries have led to the development of federated learning. Federated learning is a machine-learning technique that allows distributed clients to train models collaboratively without the need to…

Computers and Society · Computer Science 2023-09-07 Joaquin Delgado Fernandez , Martin Brennecke , Tom Barbereau , Alexander Rieger , Gilbert Fridgen

Collaborative Machine Learning (CML) allows participants to jointly train a machine learning model while keeping their training data private. In many scenarios where CML is seen as the solution to privacy issues, such as health-related…

Machine Learning · Computer Science 2024-07-30 Mathilde Raynal , Carmela Troncoso
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