This gave me an idea: You could have a website where bidders upload a problem description, public and private data, an optimization goal (in the form of a solution-evaluation algorithm), and a bid like ‘for a solution at least x good I pay y’. Takers can submit algorithms that produce solutions. They get run against the data with time and memory limit as specified by the bidder and if they match the solution quality the taker gets paid.
It seems straightforward! Kaggle is the closest example I’ve been able to think of. But yes that’s totally the sort of thing that I think would constitute an optimization market!
This gave me an idea: You could have a website where bidders upload a problem description, public and private data, an optimization goal (in the form of a solution-evaluation algorithm), and a bid like ‘for a solution at least x good I pay y’. Takers can submit algorithms that produce solutions. They get run against the data with time and memory limit as specified by the bidder and if they match the solution quality the taker gets paid.
Is there something like this around?
It seems straightforward! Kaggle is the closest example I’ve been able to think of. But yes that’s totally the sort of thing that I think would constitute an optimization market!