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WINE
2010
Springer
174views Economy» more  WINE 2010»
13 years 6 months ago
Value of Learning in Sponsored Search Auctions
Abstract. The standard business model in the sponsored search marketplace is to sell click-throughs to the advertisers. This involves running an auction that allocates advertisemen...
Sai-Ming Li, Mohammad Mahdian, Randolph Preston Mc...
AAIM
2009
Springer
107views Algorithms» more  AAIM 2009»
13 years 6 months ago
Optimal Auctions Capturing Constraints in Sponsored Search
Most sponsored search auctions use the Generalized Second Price (GSP) rule. Given the GSP rule, they try to give an optimal allocation, an easy task when the only need is to alloca...
Esteban Feuerstein, Pablo Ariel Heiber, Matí...
WINE
2007
Springer
131views Economy» more  WINE 2007»
14 years 2 months ago
Maintaining Equilibria During Exploration in Sponsored Search Auctions
We introduce an exploration scheme aimed at learning advertiser click-through rates in sponsored search auctions with minimal effect on advertiser incentives. The scheme preserves...
Jennifer Wortman, Yevgeniy Vorobeychik, Lihong Li,...
WINE
2007
Springer
124views Economy» more  WINE 2007»
14 years 2 months ago
Cost of Conciseness in Sponsored Search Auctions
We study keyword auctions in a model where each advertiser has a value for every slot, which is not necessarily proportional to the number of clicks the advertiser expects to rece...
Zoë Abrams, Arpita Ghosh, Erik Vee