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Automated bidding, an emerging intelligent decision making paradigm powered by machine learning, has become popular in online advertising. Advertisers in automated bidding evaluate the cumulative utilities and have private financial…

计算机科学与博弈论 · 计算机科学 2023-08-22 Yidan Xing , Zhilin Zhang , Zhenzhe Zheng , Chuan Yu , Jian Xu , Fan Wu , Guihai Chen

We perform a simulation-based analysis of keyword auctions modeled as one-shot games of incomplete information to study a series of mechanism design questions. Our first question addresses the degree to which incentive compatibility fails…

计算机科学与博弈论 · 计算机科学 2012-05-14 Yevgeniy Vorobeychik

We consider a dynamic pricing problem for repeated contextual second-price auctions with multiple strategic buyers who aim to maximize their long-term time discounted utility. The seller has limited information on buyers' overall demand…

机器学习 · 计算机科学 2023-02-08 Negin Golrezaei , Patrick Jaillet , Jason Cheuk Nam Liang

In this study, we apply reinforcement learning techniques and propose what we call reinforcement mechanism design to tackle the dynamic pricing problem in sponsored search auctions. In contrast to previous game-theoretical approaches that…

计算机科学与博弈论 · 计算机科学 2017-11-29 Weiran Shen , Binghui Peng , Hanpeng Liu , Michael Zhang , Ruohan Qian , Yan Hong , Zhi Guo , Zongyao Ding , Pengjun Lu , Pingzhong Tang

Sponsored search is an important monetization channel for search engines, in which an auction mechanism is used to select the ads shown to users and determine the prices charged from advertisers. There have been several pieces of work in…

计算机科学与博弈论 · 计算机科学 2014-06-05 Di He , Wei Chen , Liwei Wang , Tie-Yan Liu

We study revenue optimization in a repeated auction between a single seller and a single buyer. Traditionally, the design of repeated auctions requires strong modeling assumptions about the bidder behavior, such as it being myopic, infinite…

计算机科学与博弈论 · 计算机科学 2019-03-12 Shipra Agrawal , Constantinos Daskalakis , Vahab Mirrokni , Balasubramanian Sivan

We study a sequential decision-making model where a set of items is repeatedly matched to the same set of agents over multiple rounds. The objective is to determine a sequence of matchings that either maximizes the utility of the least…

计算机科学与博弈论 · 计算机科学 2025-10-07 Eugene Lim , Tzeh Yuan Neoh , Nicholas Teh

I prove that it is irrational for agents with even slightly private preferences to condition their strategy on private information that is payoff-irrelevant to them, contrary to powerful techniques for analyzing communication and repeated…

理论经济学 · 经济学 2026-05-29 Alistair Barton

In this paper, we analyze a natural learning algorithm for uniform pacing of advertising budgets, equipped to adapt to varying ad sale platform conditions. On the demand side, advertisers face a fundamental technical challenge in automating…

计算机科学与博弈论 · 计算机科学 2022-11-14 MohammadTaghi Hajiaghayi , Max Springer

We analyze the problem of how to optimally bid for ad spaces in online ad auctions. For this we consider the general case of multiple ad campaigns with overlapping targeting criteria. In our analysis we first characterize the structure of…

最优化与控制 · 数学 2020-04-16 Erik Tillberg , Peter Marbach , Ravi Mazumdar

Bidding strategies that help advertisers determine bidding prices are receiving increasing attention as more and more ad impressions are sold through real-time bidding systems. This paper first describes the problem and challenges of…

计算机科学与博弈论 · 计算机科学 2022-12-06 Mengjuan Liu , Zhengning Hu , Zhi Lai , Daiwei Zheng , Xuyun Nie

With the emergence of new online channels and information technology, digital advertising tends to substitute more and more to traditional advertising by offering the opportunity to companies to target the consumers/users that are really…

最优化与控制 · 数学 2021-11-17 Médéric Motte , Huyên Pham

Internet search companies sell advertisement slots based on users' search queries via an auction. Advertisers have to determine how to place bids on the keywords of their interest in order to maximize their return for a given budget: this…

数据结构与算法 · 计算机科学 2007-09-24 S. Muthukrishnan , Martin Pal , Zoya Svitkina

We consider the problem of a single seller repeatedly selling a single item to a single buyer (specifically, the buyer has a value drawn fresh from known distribution $D$ in every round). Prior work assumes that the buyer is fully rational…

计算机科学与博弈论 · 计算机科学 2017-11-28 Mark Braverman , Jieming Mao , Jon Schneider , S. Matthew Weinberg

We present a number of models for the adword auctions used for pricing advertising slots on search engines such as Google, Yahoo! etc. We begin with a general problem formulation which allows the privately known valuation per click to be a…

计算机科学与博弈论 · 计算机科学 2007-05-23 Garud Iyengar , Anuj Kumar

We study the design of mechanisms in combinatorial auction domains. We focus on settings where the auction is repeated, motivated by auctions for licenses or advertising space. We consider models of agent behaviour in which they either…

计算机科学与博弈论 · 计算机科学 2009-10-01 Brendan Lucier

After experimentation with other designs, the major search engines converged on the weighted, generalized second-price auction (wGSP) for selling keyword advertisements. Notably, this convergence occurred before position auctions were well…

计算机科学与博弈论 · 计算机科学 2014-08-05 David R. M Thompson , Kevin Leyton-Brown

In online advertising markets, budget-constrained advertisers acquire ad placements through repeated bidding in auctions on various platforms. We present a strategy for bidding optimally in a set of auctions that may or may not be…

计算机科学与博弈论 · 计算机科学 2023-06-14 Fransisca Susan , Negin Golrezaei , Okke Schrijvers

Interactions between bids to show ads online can lead to an advertiser's ad being shown to more men than women even when the advertiser does not target towards men. We design bidding strategies that advertisers can use to avoid such…

计算机科学与博弈论 · 计算机科学 2019-09-06 Milad Nasr , Michael Tschantz

Understanding bidding behavior in multi-unit auctions remains an ongoing challenge for researchers. Despite their widespread use, theoretical insights into the bidding behavior, revenue ranking, and efficiency of commonly used multi-unit…

计算机科学与博弈论 · 计算机科学 2024-08-09 Peyman Khezr , Kendall Taylor