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Peer Prediction for Peer Review: Designing a Marketplace for Ideas

2023/03/29 by Ugarov, Alexander
#Digital Libraries (cs.DL) #FOS: Computer and information sciences #FOS: Economics and business #FOS: Physical sciences #General Economics (econ.GN) #Physics and Society (physics.soc-ph) #Social and Information Networks (cs.SI)

paper · doi:10.48550/arxiv.2303.16855

Abstract

The paper describes a potential platform to facilitate academic peer review with emphasis on early-stage research. This platform aims to make peer review more accurate and timely by rewarding reviewers on the basis of peer prediction algorithms. The algorithm uses a variation of Peer Truth Serum for Crowdsourcing (Radanovic et al., 2016) with human raters competing against a machine learning benchmark. We explain how our approach addresses two large productive inefficiencies in science: mismatch between research questions and publication bias. Better peer review for early research creates additional incentives for sharing it, which simplifies matching ideas to teams and makes negative results and p-hacking more visible.

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