Invited Talk
in
Workshop: Learning and Decision-Making with Strategic Feedback (StratML)

Improving Information from Manipulable Data

Navin Kartik

2021 Invited Talk
in
Workshop: Learning and Decision-Making with Strategic Feedback (StratML)

Abstract

Data-based decision-making must account for the manipulation of data by agents who are aware of how decisions are being made and want to affect their allocations. We study a framework in which, due to such manipulation, data becomes less informative when decisions depend more strongly on data. We formalize why and how a decisionmaker should commit to underutilizing data. Doing so attenuates information loss and thereby improves allocation accuracy.

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