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We develop a framework for the optimal pricing and product design of LLMs in which a provider sells menus of token budgets to users who differ in their valuations across a continuum of tasks. Under a homogeneous production technology, we…

Theoretical Economics · Economics 2026-03-10 Dirk Bergemann , Alessandro Bonatti , Alex Smolin

Many ethical issues in machine learning are connected to the training data. Online data markets are an important source of training data, facilitating both production and distribution. Recently, a trend has emerged of for-profit "ethical"…

Computer Science and Game Theory · Computer Science 2025-02-03 Augustin Chaintreau , Roland Maio , Juba Ziani

We introduce the Pricing Engine package to enable the use of Double ML estimation techniques in general panel data settings. Customization allows the user to specify first-stage models, first-stage featurization, second stage treatment…

Econometrics · Economics 2018-06-14 Matt Goldman , Brian Quistorff

In the era of Artificial Intelligence (AI), marketplaces have become essential platforms for facilitating the exchange of data products to foster data sharing. Model transactions provide economic solutions in data marketplaces that enhance…

Machine Learning · Computer Science 2025-09-24 Wenqian Li , Youjia Yang , Ruoxi Jia , Yan Pang

AutoML, intended as the process of automating the application of machine learning to real-world problems, is a key step for AI popularisation. Most AutoML frameworks are not accounting for the potential lack of fairness in the training data…

Machine Learning · Computer Science 2026-05-01 Alessia Berarducci , Eric Rossetto , Alessandro Antonucci , Marco Zaffalon

Automated machine learning (AutoML) was formed around the fundamental objectives of automatically and efficiently configuring machine learning (ML) workflows, aiding the research of new ML algorithms, and contributing to the democratization…

As Machine Learning (ML) systems continue to grow, the demand for relevant and comprehensive datasets becomes imperative. There is limited study on the challenges of data acquisition due to ad-hoc processes and lack of consistent…

Artificial Intelligence · Computer Science 2023-11-27 Lingjiao Chen , Bilge Acun , Newsha Ardalani , Yifan Sun , Feiyang Kang , Hanrui Lyu , Yongchan Kwon , Ruoxi Jia , Carole-Jean Wu , Matei Zaharia , James Zou

Recently, there is growing interest and need for dynamic pricing algorithms, especially, in the field of online marketplaces by offering smart pricing options for big online stores. We present an approach to adjust prices based on the…

Optimization and Control · Mathematics 2021-01-13 David Müller , Yurii Nesterov , Vladimir Shikhman

Specializing LLMs in various domain-specific tasks has emerged as a critical step towards achieving high performance. However, the construction and annotation of datasets in specific domains are always very costly. Apart from using superior…

Computation and Language · Computer Science 2024-12-09 Yuanhao Yue , Chengyu Wang , Jun Huang , Peng Wang

Data-management-as-a-service systems are increasingly being used in collaborative settings, where multiple users access common datasets. Cloud providers have the choice to implement various optimizations, such as indexing or materialized…

Databases · Computer Science 2015-03-20 Prasang Upadhyaya , Magdalena Balazinska , Dan Suciu

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

High-quality machine learning models are dependent on access to high-quality training data. When the data are not already available, it is tedious and costly to obtain them. Data markets help with identifying valuable training data: model…

Machine Learning · Computer Science 2023-06-06 Boxin Zhao , Boxiang Lyu , Raul Castro Fernandez , Mladen Kolar

This paper explores the design of a balanced data-sharing marketplace for entities with heterogeneous datasets and machine learning models that they seek to refine using data from other agents. The goal of the marketplace is to encourage…

Computer Science and Game Theory · Computer Science 2024-01-25 Aditya Bhaskara , Sreenivas Gollapudi , Sungjin Im , Kostas Kollias , Kamesh Munagala , Govind S. Sankar

AutoML systems are currently rising in popularity, as they can build powerful models without human oversight. They often combine techniques from many different sub-fields of machine learning in order to find a model or set of models that…

Machine Learning · Statistics 2021-05-03 Florian Pfisterer , Stefan Coors , Janek Thomas , Bernd Bischl

For data pricing, data quality is a factor that must be considered. To keep the fairness of data market from the aspect of data quality, we proposed a fair data market that considers data quality while pricing. To ensure fairness, we first…

Databases · Computer Science 2018-08-07 Dan Zhang , Hongzhi Wang , Xiaoou Ding , Yice Zhang , Jianzhong Li , Hong Gao

Automated data augmentation, which aims at engineering augmentation policy automatically, recently draw a growing research interest. Many previous auto-augmentation methods utilized a Density Matching strategy by evaluating policies in…

Computer Vision and Pattern Recognition · Computer Science 2022-07-22 Jianwei Zhang , Dong Li , Lituan Wang , Lei Zhang

We propose the Artificial Continuous Prediction Market (ACPM) as a means to predict a continuous real value, by integrating a range of data sources and aggregating the results of different machine learning (ML) algorithms. ACPM adapts the…

Artificial Intelligence · Computer Science 2015-08-12 Fatemeh Jahedpari , Marina De Vos , Sattar Hashemi , Benjamin Hirsch , Julian Padget

Dynamic pricing in high-dimensional markets poses fundamental challenges of scalability, uncertainty, and interpretability. Existing low-rank bandit formulations learn efficiently but rely on latent features that obscure how individual…

Artificial Intelligence · Computer Science 2026-02-03 Srividhya Sethuraman , Chandrashekar Lakshminarayanan

Machine learning (ML) methods have been developing rapidly, but configuring and selecting proper methods to achieve a desired performance is increasingly difficult and tedious. To address this challenge, automated machine learning (AutoML)…

Artificial Intelligence · Computer Science 2024-02-28 Zhenqian Shen , Yongqi Zhang , Lanning Wei , Huan Zhao , Quanming Yao

Automated Machine Learning has grown very successful in automating the time-consuming, iterative tasks of machine learning model development. However, current methods struggle when the data is imbalanced. Since many real-world datasets are…

Machine Learning · Computer Science 2022-11-02 Prabhant Singh , Joaquin Vanschoren