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In many online advertisement (ad) exchanges, ad slots are each sold via a separate second-price auction. This paper considers the bidder's problem of maximizing the value of ads they purchase in these auctions, subject to budget…

计算机科学与博弈论 · 计算机科学 2020-03-16 Jonathan Amar , Nicholas Renegar

Real-time bidding is the new paradigm of programmatic advertising. An advertiser wants to make the intelligent choice of utilizing a \textbf{Demand-Side Platform} to improve the performance of their ad campaigns. Existing approaches are…

人工智能 · 计算机科学 2022-09-14 Yining Lu , Changjie Lu , Naina Bandyopadhyay , Manoj Kumar , Gaurav Gupta

Many online companies sell advertisement space in second-price auctions with reserve. In this paper, we develop a probabilistic method to learn a profitable strategy to set the reserve price. We use historical auction data with features to…

机器学习 · 统计学 2015-06-25 Maja R. Rudolph , Joseph G. Ellis , David M. Blei

Real-Time Bidding (RTB) enables advertisers to place competitive bids on impression opportunities instantaneously, striving for cost-effectiveness in a highly competitive landscape. Although RTB has widely benefited from the utilization of…

人工智能 · 计算机科学 2025-02-04 Leng Cai , Junxuan He , Yikai Li , Junjie Liang , Yuanping Lin , Ziming Quan , Yawen Zeng , Jin Xu

Being an emerging paradigm for display advertising, Real-Time Bidding (RTB) drives the focus of the bidding strategy from context to users' interest by computing a bid for each impression in real time. The data mining work and particularly…

计算机科学与博弈论 · 计算机科学 2015-05-22 Weinan Zhang , Shuai Yuan , Jun Wang , Xuehua Shen

We develop a novel optimization model to maximize the profit of a Demand-Side Platform (DSP) while ensuring that the budget utilization preferences of the DSP's advertiser clients are adequately met. Our model is highly flexible and can be…

最优化与控制 · 数学 2018-05-31 Alfonso Lobos , Paul Grigas , Zheng Wen , Kuang-chih Lee

We propose a general stochastic framework for modelling repeated auctions in the Real Time Bidding (RTB) ecosystem using point processes. The flexibility of the framework allows a variety of auction scenarios including configuration of…

机器学习 · 统计学 2023-08-21 Seong Jin Lee , Bumsik Kim

In recent years, RTB(Real Time Bidding) becomes a popular online advertisement trading method. During the auction, each DSP(Demand Side Platform) is supposed to evaluate current opportunity and respond with an ad and corresponding bid…

机器学习 · 统计学 2017-12-29 Huahui Liu , Mingrui Zhu , Xiaonan Meng , Yi Hu , Hao Wang

Real-Time Bidding (RTB) is an important mechanism in modern online advertising systems. Advertisers employ bidding strategies in RTB to optimize their advertising effects subject to various financial requirements, especially the…

机器学习 · 计算机科学 2022-07-19 Haozhe Wang , Chao Du , Panyan Fang , Shuo Yuan , Xuming He , Liang Wang , Bo Zheng

Managing millions of digital auctions is an essential task for modern advertising auction systems. The main approach to managing digital auctions is an autobidding approach, which depends on the Click-Through Rate and Conversion Rate…

计算机科学与博弈论 · 计算机科学 2025-10-13 Andrey Pudovikov , Alexandra Khirianova , Ekaterina Solodneva , Gleb Molodtsov , Aleksandr Katrutsa , Yuriy Dorn , Egor Samosvat

Designing revenue optimal auctions for selling an item to $n$ symmetric bidders is a fundamental problem in mechanism design. Myerson (1981) shows that the second price auction with an appropriate reserve price is optimal when bidders'…

计算机科学与博弈论 · 计算机科学 2015-07-30 Hu Fu , Nicole Immolica , Brendan Lucier , Philipp Strack

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

We study probabilistic single-item second-price auctions where the item is characterized by a set of attributes. The auctioneer knows the actual instantiation of all the attributes, but he may choose to reveal only a subset of these…

计算机科学与博弈论 · 计算机科学 2013-02-22 Mingyu Guo , Argyrios Deligkas

We study a seller who sells a single good to multiple bidders with uncertainty over the joint distribution of bidders' valuations, as well as bidders' higher-order beliefs about their opponents. The seller only knows the (possibly…

理论经济学 · 经济学 2022-02-16 Ethan Che

Sponsored search in E-commerce platforms such as Amazon, Taobao and Tmall provides sellers an effective way to reach potential buyers with most relevant purpose. In this paper, we study the auction mechanism optimization problem in…

计算机科学与博弈论 · 计算机科学 2018-08-02 Gang Bai , Zhihui Xie , Liang Wang

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

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 the context of advertising auctions, finding good reserve prices is a notoriously challenging learning problem. This is due to the heterogeneity of ad opportunity types and the non-convexity of the objective function. In this work, we…

机器学习 · 计算机科学 2017-11-07 Andrés Muñoz Medina , Sergei Vassilvitskii

In the area of ad-targeting, predicting user responses is essential for many applications such as Real-Time Bidding (RTB). Many of the features available in this domain are sparse categorical features. This presents a challenge especially…

信息检索 · 计算机科学 2017-05-19 Enno Shioji , Masayuki Arai

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