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» General auction mechanism for search advertising
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FOCS
2010
IEEE
13 years 5 months ago
Pure and Bayes-Nash Price of Anarchy for Generalized Second Price Auction
Generalized Second Price Auction, also knows as Ad Word auctions, and its variants has been the main mechanism used by search companies to auction positions for sponsored search l...
Renato Paes Leme, Éva Tardos
WWW
2008
ACM
14 years 8 months ago
Externalities in online advertising
Most models for online advertising assume that an advertiser's value from winning an ad auction, which depends on the clickthrough rate or conversion rate of the advertisemen...
Arpita Ghosh, Mohammad Mahdian
CORR
2010
Springer
189views Education» more  CORR 2010»
13 years 7 months ago
An Optimal Dynamic Mechanism for Multi-Armed Bandit Processes
We consider the problem of revenue-optimal dynamic mechanism design in settings where agents' types evolve over time as a function of their (both public and private) experien...
Sham M. Kakade, Ilan Lobel, Hamid Nazerzadeh
AAAI
2004
13 years 8 months ago
Methods for Boosting Revenue in Combinatorial Auctions
We study the recognized open problem of designing revenuemaximizing combinatorial auctions. It is unsolved even for two bidders and two items for sale. Rather than pursuing the pu...
Anton Likhodedov, Tuomas Sandholm
WWW
2011
ACM
13 years 2 months ago
An expressive mechanism for auctions on the web
Auctions are widely used on the Web. Applications range from internet advertising to platforms such as eBay. In most of these applications the auctions in use are single/multi-ite...
Paul Dütting, Monika Henzinger, Ingmar Weber