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We study a setting where agents use no-regret learning algorithms to participate in repeated auctions. \citet{kolumbus2022auctions} showed, rather surprisingly, that when bidders participate in second-price auctions using no-regret bidding…

计算机科学与博弈论 · 计算机科学 2024-11-15 Gagan Aggarwal , Anupam Gupta , Andres Perlroth , Grigoris Velegkas

For sponsored search auctions, we consider contextual multi-armed bandit problem in the presence of strategic agents. In this setting, at each round, an advertising platform (center) runs an auction to select the best-suited ads relevant to…

计算机科学与博弈论 · 计算机科学 2020-02-27 Kumar Abhishek , Shweta Jain , Sujit Gujar

In display advertising, users' online ad experiences are important for the advertising effectiveness. However, users have not been well accommodated in real-time bidding (RTB). This further influences their site visits and perception of the…

多媒体 · 计算机科学 2017-08-02 Xiang Chen , Bowei Chen , Mohan Kankanhalli

Real-time bidding (RTB) is an important mechanism in online display advertising, where a proper bid for each page view plays an essential role for good marketing results. Budget constrained bidding is a typical scenario in RTB where the…

人工智能 · 计算机科学 2018-10-24 Di Wu , Xiujun Chen , Xun Yang , Hao Wang , Qing Tan , Xiaoxun Zhang , Jian Xu , Kun Gai

Online display advertising is growing rapidly in recent years thanks to the automation of the ad buying process. Real-time bidding (RTB) allows the automated trading of ad impressions between advertisers and publishers through real-time…

机器学习 · 计算机科学 2020-08-31 Yang Qiu , Nikolaos Tziortziotis , Martial Hue , Michalis Vazirgiannis

In this paper, we study the problem of learning to bid in repeated first-price auctions with budget constraints. In each period, the decision maker needs to submit a bid to win the auction and maximize the total collected reward, subject to…

最优化与控制 · 数学 2026-03-10 Zeng Fu , Jiashuo Jiang , Yuan Zhou

Causally identifying the effect of digital advertising is challenging, because experimentation is expensive, and observational data lacks random variation. This paper identifies a pervasive source of naturally occurring, quasi-experimental…

计量经济学 · 经济学 2022-02-18 George Gui , Harikesh Nair , Fengshi Niu

Modern ad auctions allow advertisers to target more specific segments of the user population. Unfortunately, this is not always in the best interest of the ad platform. In this paper, we examine the following basic question in the context…

计算机科学与博弈论 · 计算机科学 2019-07-16 Ashwinkumar Badanidiyuru , Kshipra Bhawalkar , Haifeng Xu

The causal effect of showing an ad to a potential customer versus not, commonly referred to as "incrementality", is the fundamental question of advertising effectiveness. In digital advertising three major puzzle pieces are central to…

机器学习 · 计算机科学 2022-08-30 Randall Lewis , Jeffrey Wong

Budget management strategies in repeated auctions have received growing attention in online advertising markets. However, previous work on budget management in online bidding mainly focused on second-price auctions. The rapid shift from…

计算机科学与博弈论 · 计算机科学 2023-04-27 Qian Wang , Zongjun Yang , Xiaotie Deng , Yuqing Kong

We study online learning in contextual pay-per-click auctions where at each of the $T$ rounds, the learner receives some context along with a set of ads and needs to make an estimate on their click-through rate (CTR) in order to run a…

机器学习 · 计算机科学 2023-10-10 Mengxiao Zhang , Haipeng Luo

We study and formulate arbitrage in display advertising. Real-Time Bidding (RTB) mimics stock spot exchanges and utilises computers to algorithmically buy display ads per impression via a real-time auction. Despite the new automation, the…

计算机科学与博弈论 · 计算机科学 2015-06-15 Weinan Zhang , Jun Wang

Real-time bidding (RTB) has become one of the largest online advertising markets in the world. Today the bid price per ad impression is typically decided by the expected value of how it can lead to a desired action event (e.g., registering…

计算机科学与博弈论 · 计算机科学 2016-02-16 Jian Xu , Xuhui Shao , Jianjie Ma , Kuang-chih Lee , Hang Qi , Quan Lu

Internet search companies sell advertisement slots based on users' search queries via an auction. While there has been a lot of attention on the auction process and its game-theoretic aspects, our focus is on the advertisers. In particular,…

数据结构与算法 · 计算机科学 2007-05-23 Jon Feldman , S. Muthukrishnan , Martin Pal , Cliff Stein

Simultaneous ascending auctions present agents with the exposure problem: bidding to acquire a bundle risks the possibility of obtaining an undesired subset of the goods. Auction theory provides little guidance for dealing with this…

计算机科学与博弈论 · 计算机科学 2012-07-09 Anna Osepayshvili , Michael P. Wellman , Daniel Reeves , Jeffrey K. MacKie-Mason

Real-time advertising allows advertisers to bid for each impression for a visiting user. To optimize specific goals such as maximizing revenue and return on investment (ROI) led by ad placements, advertisers not only need to estimate the…

机器学习 · 统计学 2018-11-02 Junqi Jin , Chengru Song , Han Li , Kun Gai , Jun Wang , Weinan Zhang

In digital advertising, online platforms allocate ad impressions through real-time auctions, where advertisers typically rely on autobidding agents to optimize bids on their behalf. Unlike traditional auctions for physical goods, the value…

计算机科学与博弈论 · 计算机科学 2025-09-03 Zhicheng Du , Wei Tang , Zihe Wang , Shuo Zhang

In this work, we investigate the online learning problem of revenue maximization in ad auctions, where the seller needs to learn the click-through rates (CTRs) of each ad candidate and charge the price of the winner through a pay-per-click…

信息检索 · 计算机科学 2024-03-05 Zhe Feng , Christopher Liaw , Zixin Zhou

Reinforcement learning (RL) is an effective technique for training decision-making agents through interactions with their environment. The advent of deep learning has been associated with highly notable successes with sequential decision…

机器学习 · 计算机科学 2021-05-25 Michael Tashman , John Hoffman , Jiayi Xie , Fengdan Ye , Atefeh Morsali , Lee Winikor , Rouzbeh Gerami

Advertisers increasingly use automated bidding to optimize their ad campaigns on online advertising platforms. Autobidding optimizes an advertiser's objective subject to various constraints, e.g. average ROI and budget constraints. In this…

计算机科学与博弈论 · 计算机科学 2024-04-16 Gagan Aggarwal , Giannis Fikioris , Mingfei Zhao