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- extended-abstractDecember 2024
Optimal Mechanisms for a Value Maximizer: The Futility of Screening Targets
EC '24: Proceedings of the 25th ACM Conference on Economics and ComputationPage 1101https://doi.org/10.1145/3670865.3673574Motivated by the increased adoption of autobidding algorithms in internet advertising markets, we study the design of optimal mechanisms for selling an item to a value-maximizing buyer with a return-on-spend constraint. The buyer's values and target ...
- research-articleNovember 2023
Contextual Standard Auctions with Budgets: Revenue Equivalence and Efficiency Guarantees
Management Science (MANS), Volume 69, Issue 11Pages 6837–6854https://doi.org/10.1287/mnsc.2023.4719The internet advertising market is a multibillion dollar industry in which advertisers buy thousands of ad placements every day by repeatedly participating in auctions. An important and ubiquitous feature of these auctions is the presence of campaign ...
- extended-abstractJuly 2022
Optimal Mechanisms for Value Maximizers with Budget Constraints via Target Clipping
EC '22: Proceedings of the 23rd ACM Conference on Economics and ComputationPage 475https://doi.org/10.1145/3490486.3538333We study the design of revenue-maximizing mechanisms for value-maximizing agents with budget constraints. Agents have return-on-spend constraints requiring a minimum amount of value per unit of payment made and budget constraints limiting their total ...
- research-articleJuly 2022
Dynamic Double Auctions: Toward First Best
Operations Research (OPRH), Volume 70, Issue 4Pages 2299–2317https://doi.org/10.1287/opre.2022.2266Efficient and Profit-Maximizing Dynamic Double Auctions for Two-Sided Markets
Two-sided markets that enable sellers and buyers to trade have received considerable attention in the past decade. Prominent examples include online advertising, freelancing, and ...
We study the problem of designing dynamic double auctions for two-sided markets in which a platform intermediates the trade between one seller offering independent items to multiple buyers, repeatedly over a finite horizon, when agents have private ...
- extended-abstractJuly 2021
The Landscape of Auto-bidding Auctions: Value versus Utility Maximization
EC '21: Proceedings of the 22nd ACM Conference on Economics and ComputationPages 132–133https://doi.org/10.1145/3465456.3467607Internet advertisers are increasingly adopting automated bidders to buy advertising opportunities. Automated bidders simplify the procurement process by allowing advertisers to specify their goals and then bidding on their behalf in the auctions that ...
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- research-articleMay 2021
Multistage Intermediation in Display Advertising
Manufacturing & Service Operations Management (INFORMS-MSOM), Volume 23, Issue 3Pages 714–730https://doi.org/10.1287/msom.2019.0854Problem definition : We consider a setting where online advertisers seek to acquire impressions from an advertising exchange through a multitier network of intermediaries, and study the mechanisms offered by the ad exchange and intermediaries when the ...
- research-articleDecember 2020
Research on Behavior of Blocking Internet Advertising Regulated by Economic Law
CAIH2020: Proceedings of the 2020 Conference on Artificial Intelligence and HealthcarePages 14–18https://doi.org/10.1145/3433996.3434000With the advent of big data and Internet era, the scale of network economy is getting larger and larger. Blocking online advertisements is practical for users, but it also does harm to certain interests of advertisers. The antagonistic relationship has ...
- research-articleDecember 2019
Concise Bid Optimization Strategies with Multiple Budget Constraints
Management Science (MANS), Volume 65, Issue 12Pages 5785–5812https://doi.org/10.1287/mnsc.2018.3207A major challenge faced by marketers attempting to optimize their advertising campaigns is to deal with budget constraints. The problem is even harder in the face of multidimensional budget constraints, particularly in the presence of many decision ...
- research-articleJanuary 2019
Dynamic double auctions: towards first best
SODA '19: Proceedings of the Thirtieth Annual ACM-SIAM Symposium on Discrete AlgorithmsPages 157–172We study the problem of designing dynamic double auctions for two-sided markets in which a platform intermediates the trade between one seller offering independent items to multiple buyers, repeatedly over a finite horizon, when agents have private ...
- abstractJune 2018
Non-clairvoyant Dynamic Mechanism Design
EC '18: Proceedings of the 2018 ACM Conference on Economics and ComputationPage 169https://doi.org/10.1145/3219166.3219224Despite their better revenue and welfare guarantees for repeated auctions, dynamic mechanisms have not been widely adopted in practice. This is partly due to the complexity of their implementation as well as their unrealistic use of forecasting for ...
- research-articleJuly 2016
Online Budgeted Allocation with General Budgets
EC '16: Proceedings of the 2016 ACM Conference on Economics and ComputationPages 419–436https://doi.org/10.1145/2940716.2940770We study the online budgeted allocation (also called Adwords) problem, where a set of impressions arriving online are allocated to a set of budget-constrained advertisers to maximize revenue. Motivated by connections to Internet advertising, several ...
- articleJanuary 2016
The online target advertising design model: a conceptual model to provide theoretical guidelines, insights, and understanding in online target marketplaces and the development of websites and apps
International Journal of Information Technology and Management (IJITM), Volume 15, Issue 3Pages 195–226https://doi.org/10.1504/IJITM.2016.077379This study presents generations of digital marketing business strategy, guidelines and insights to online social media companies for how to design online target advertisements in digital market places, application development, and methods for improving ...
- research-articleMay 2015
Crowd Fraud Detection in Internet Advertising
WWW '15: Proceedings of the 24th International Conference on World Wide WebPages 1100–1110https://doi.org/10.1145/2736277.2741136The rise of crowdsourcing brings new types of malpractices in Internet advertising. One can easily hire web workers through malicious crowdsourcing platforms to attack other advertisers. Such human generated crowd frauds are hard to detect by ...
- research-articleApril 2015
Data Transparency Lab Kick Off Workshop (DTL 2014) Report
ACM SIGCOMM Computer Communication Review (SIGCOMM-CCR), Volume 45, Issue 2Pages 44–48https://doi.org/10.1145/2766330.2766338On November 20 and 21 2014, Telefonica I+D hosted the Data Transparency Lab ("DTL") Kickoff Workshop on Personal Data Transparency and Online Privacy at its headquarters in Barcelona, Spain. This workshop provided a forum for technologists, researchers, ...
- research-articleSeptember 2014
Mobile video ad caching on smartphones
UbiComp '14: Proceedings of the 2014 ACM International Joint Conference on Pervasive and Ubiquitous ComputingPages 57–61https://doi.org/10.1145/2632048.2632075It is clear today that mobile video is a major traffic source and that online advertising is a steadily growing business. These trends are leading towards mobile video advertising becoming ubiquitous. We make two contributions towards better ...
- research-articleJanuary 2014
A systematic approach to measuring advertising transparency online: an Australian case study
Illicit sharing of infringing content, such as movies and TV, remains a persistent and ongoing threat to the viability of Australia's creative industries. The revenue model that underpins torrent indexing and file locker sites which enable this sharing -...
- research-articleApril 2013
Prefetching mobile ads: can advertising systems afford it?
EuroSys '13: Proceedings of the 8th ACM European Conference on Computer SystemsPages 267–280https://doi.org/10.1145/2465351.2465378Mobile app marketplaces are dominated by free apps that rely on advertising for their revenue. These apps place increased demands on the already limited battery lifetime of modern phones. For example, in the top 15 free Windows Phone apps, we found in-...
- research-articleJune 2011
Money for nothing: exploiting negative externalities
EC '11: Proceedings of the 12th ACM conference on Electronic commercePages 361–370https://doi.org/10.1145/1993574.1993634We show that existence of negative externalities among market participants competing for a scarce resource, a setting typical for electronic commerce and internet advertising, allows for emergence of the no-allocation equilibrium with positive revenues ...
- research-articleMarch 2011
Optimal dynamic mechanism design via a virtual VCG mechanism
ACM SIGecom Exchanges (SIGECOM), Volume 10, Issue 1Pages 27–30https://doi.org/10.1145/1978721.1978728We consider the problem of designing revenue maximizing mechanisms for dynamic settings. We propose a simple optimal mechanism for rather general "separable" settings. The proposed mechanism is implemented via an affine transformation of a dynamic VCG ...
- posterFebruary 2011
Optimizing merchant revenue with rebates
WSDM '11: Proceedings of the fourth ACM international conference on Web search and data miningPages 395–404https://doi.org/10.1145/1935826.1935889We study an online advertising model in which the merchant reimburses a portion of the transacted amount to the customer in a form of rebate. The customer referral and the rebate transfer might be mediated by a search engine. We investigate how the ...