Miller, N., Resnick, P. & Zeckhauser, R. (2005). Eliciting informative feedback: The peer-prediction method. Management Science 51(9): 1359–1373. doi:10.1287/mnsc.1050.0379.
Key takeaways
From the reading, NOTE-1139. Page numbers are the January 2005 draft’s.
- Scoring without ground truth. The center “has no independent information, so its scoring decisions can depend only on the information provided by other raters” (p. 4). A rater is scored “not on agreement between the ratings, but on a comparison between the likelihood assigned to the reference rater’s possible ratings and the reference rater’s actual rating” (p. 3).
- The result. With stochastic relevance and any strictly proper scoring rule, truthful reporting is a strict Nash equilibrium (Proposition 1, p. 8). A scale factor makes effort worth its cost (Proposition 2) and can be set to overwhelm a bribe; a second rater’s base transfer balances the budget.
- Not unique. “There may be non-truthful equilibria” (p. 9): in the worked example, everyone always reporting the same signal is an equilibrium too. The authors call the truthful one focal and suggest the center punish detected uninformative equilibria.
- Limits named. Collusion (p. 23), risk aversion, raters’ private information the center does not use (the “Yes-Man” case, p. 24), coarse reports beyond two types, and raters’ trust that the scheme rewards honesty.
Why this is here
Filed on 2026-10-24 for the record’s governance line, as a mechanism that scores evaluators when there is no objective metric. It bears on the authority-dependent scoring term of CASE-155 and on CLAIM-443’s worry that what is rewarded entrenches (NOTE-1139). Filed THEORY-943.