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Two-sided marketplaces such as eBay, Etsy and Taobao have two distinct groups of customers: buyers who use the platform to seek the most relevant and interesting item to purchase and sellers who view the same platform as a tool to reach out…

Information Retrieval · Computer Science 2019-05-17 Andrew Stanton , Akhila Ananthram , Congzhe Su , Liangjie Hong

Online learning is the cornerstone of applications like recommendation and advertising systems, where models continuously adapt to shifting data distributions. Model training for such systems is remarkably expensive, a cost that multiplies…

Machine Learning · Computer Science 2025-12-02 Berivan Isik , Matthew Fahrbach , Dima Kuzmin , Nicolas Mayoraz , Emil Praun , Steffen Rendle , Raghavendra Vasudeva

In electricity markets, customers are increasingly constrained by their budgets. A budget constraint for a user is an upper bound on the price multiplied by the quantity. However, since prices are determined by the market equilibrium, the…

Computer Science and Game Theory · Computer Science 2026-03-24 Lila Perkins , Baosen Zhang

The problem of computing near-optimal contracts in combinatorial settings has recently attracted significant interest in the computer science community. Previous work has provided a rich body of structural and algorithmic insights into this…

Computer Science and Game Theory · Computer Science 2025-06-26 Michal Feldman , Yoav Gal-Tzur , Tomasz Ponitka , Maya Schlesinger

A diverse array of reasoning strategies has been proposed to elicit the capabilities of large language models. However, in this paper, we point out that traditional evaluations which focus solely on performance metrics miss a key factor:…

Computation and Language · Computer Science 2024-06-18 Junlin Wang , Siddhartha Jain , Dejiao Zhang , Baishakhi Ray , Varun Kumar , Ben Athiwaratkun

We study a sequential profit-maximization problem, optimizing for both price and ancillary variables like marketing expenditures. Specifically, we aim to maximize profit over an arbitrary sequence of multiple demand curves, each dependent…

Machine Learning · Computer Science 2024-07-09 Joon Suk Huh , Ellen Vitercik , Kirthevasan Kandasamy

Market makers provide liquidity to other market participants: they propose prices at which they stand ready to buy and sell a wide variety of assets. They face a complex optimization problem with both static and dynamic components. They…

Trading and Market Microstructure · Quantitative Finance 2017-05-09 Olivier Guéant

In order for an e-commerce platform to maximize its revenue, it must recommend customers items they are most likely to purchase. However, the company often has business constraints on these items, such as the number of each item in stock.…

Optimization and Control · Mathematics 2019-11-19 Andrea Boskovic , Qinyi Chen , Dominik Kufel , Zijie Zhou

A fundamental economic question is that of designing revenue-maximizing mechanisms in dynamic environments. This paper considers a simple yet compelling market model to tackle this question, where forward-looking buyers arrive at the market…

Theoretical Economics · Economics 2024-10-16 Jose Correa , Andres Cristi , Laura Vargas Koch

We consider the problem of solving a distributed optimization problem using a distributed computing platform, where the communication in the network is limited: each node can only communicate with its neighbours and the channel has a…

Systems and Control · Computer Science 2015-04-10 Ye Pu , Melanie N. Zeilinger , Colin N. Jones

Optimizing the advertiser's cumulative value of winning impressions under budget constraints poses a complex challenge in online advertising, under the paradigm of AI-Generated Bidding (AIGB). Advertisers often have personalized objectives…

Artificial Intelligence · Computer Science 2026-01-22 Mingxuan Song , Yusen Huo , Bohan Zhou , Shenglin Yin , Zhen Xiao , Jieyi Long , Zhilin Zhang , Chuan Yu

Consider the problem of minimizing the expected value of a (possibly nonconvex) cost function parameterized by a random (vector) variable, when the expectation cannot be computed accurately (e.g., because the statistics of the random…

Multiagent Systems · Computer Science 2017-12-12 Yang Yang , Gesualdo Scutari , Daniel P. Palomar , Marius Pesavento

Social utility maximization refers to the process of allocating resources in such a way that the sum of agents' utilities is maximized under the system constraints. Such allocation arises in several problems in the general area of…

Computer Science and Game Theory · Computer Science 2015-03-10 Abhinav Sinha , Achilleas Anastasopoulos

With the rapid growth in the fashion e-commerce industry, it is becoming extremely challenging for the E-tailers to set an optimal price point for all the products on the platform. By establishing an optimal price point, they can maximize…

Machine Learning · Computer Science 2020-08-25 Sajan Kedia , Samyak Jain , Abhishek Sharma

Marketing is one of the high-cost activities for any online platform. With the increase in the number of customers, it is crucial to understand customers based on their dynamic behaviors to design effective marketing strategies. Customer…

Machine Learning · Computer Science 2024-04-29 Anurag Kumar Pandey , Anil Goyal , Nikhil Sikka

Marketing optimization, commonly formulated as an online budget allocation problem, has emerged as a pivotal factor in driving user growth. Most existing research addresses this problem by following the principle of 'first predict then…

Machine Learning · Computer Science 2025-06-03 Xiaohan Wang , Yu Zhang , Guibin Jiang , Bing Cheng , Wei Lin

In this work we study binary two-stage robust optimization problems with objective uncertainty. We present an algorithm to calculate efficiently lower bounds for the binary two-stage robust problem by solving alternately the underlying…

Optimization and Control · Mathematics 2020-01-17 Nicolas Kämmerling , Jannis Kurtz

Energy minimization methods are a classical tool in a multitude of computer vision applications. While they are interpretable and well-studied, their regularity assumptions are difficult to design by hand. Deep learning techniques on the…

Optimization and Control · Mathematics 2019-08-20 Jonas Geiping , Michael Moeller

Pricing of products and services, which has a significant impact on consumer demand, is one of the most important factors in maximizing business profits. Prescriptive price optimization is a prominent data-driven pricing methodology…

Optimization and Control · Mathematics 2025-08-22 Masato Inokuma , Shunnosuke Ikeda , Yuichi Takano

In online advertising, advertisers commonly utilize auto-bidding services to bid for impression opportunities. A typical objective of the auto-bidder is to optimize the advertiser's cumulative value of winning impressions within specified…

Computer Science and Game Theory · Computer Science 2025-02-11 Zhijian Duan , Yusen Huo , Tianyu Wang , Zhilin Zhang , Yeshu Li , Chuan Yu , Jian Xu , Bo Zheng , Xiaotie Deng