Crowdsourcing and Stochastic Modeling

Abstract

Crowdsourcing has been used in different domains gaining significant exposure in many fields such as healthcare, computer science, environmental sciences, business and marketing. The meaning and interpretation of crowdsourcing is varied and despite its popularity among companies in many sectors it remains little understood. However, the modeling aspects of crowdsourcing in the context of stochastic and algorithmic methods have not been considered until recently. Thus, in this expository paper we intend to provide needed connection between these two areas.