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- research-articleOctober 2024
Auto-Bidding and Auctions in Online Advertising: A Survey
- Gagan Aggarwal,
- Ashwinkumar Badanidiyuru,
- Santiago R. Balseiro,
- Kshipra Bhawalkar,
- Yuan Deng,
- Zhe Feng,
- Gagan Goel,
- Christopher Liaw,
- Haihao Lu,
- Mohammad Mahdian,
- Jieming Mao,
- Aranyak Mehta,
- Vahab Mirrokni,
- Renato Paes Leme,
- Andres Perlroth,
- Georgios Piliouras,
- Jon Schneider,
- Ariel Schvartzman,
- Balasubramanian Sivan,
- Kelly Spendlove,
- Yifeng Teng,
- Di Wang,
- Hanrui Zhang,
- Mingfei Zhao,
- Wennan Zhu,
- Song Zuo
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 159–183https://doi.org/10.1145/3699824.3699838In this survey, we summarize recent developments in research fueled by the growing adoption of automated bidding strategies in online advertising. We explore the challenges and opportunities that have arisen as markets embrace this autobidding and cover ...
- research-articleOctober 2024
Online Matching: A Brief Survey
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 135–158https://doi.org/10.1145/3699824.3699837Matching, capturing allocation of items to unit-demand buyers, or tasks to workers, or pairs of collaborators, is a central problem in economics. Indeed, the growing prevalence of matching-based markets, many of which online in nature, has motivated much ...
- research-articleOctober 2024
Recent Trends in Information Elicitation
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 122–134https://doi.org/10.1145/3699824.3699836This note provides a survey for the Economics and Computation community of some recent trends in the field of information elicitation. At its core, the field concerns the design of incentives for strategic agents to provide accurate and truthful ...
- research-articleOctober 2024
Assortment Optimization: An Annotated Reading Assortment
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 118–121https://doi.org/10.1145/3699824.3699835Which varieties or brands of a product should a retailer stock on its shelf? Carrying a large variety caters to more customers' needs, but could cannibalize the sales of high-end brands and also cause an inventory nightmare. Assortment optimization aims ...
- research-articleOctober 2024
Causal Inference under Incentives: An Annotated Reading List
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 110–112https://doi.org/10.1145/3699824.3699833We provide an overview of research on causal inference in the presence of strategic agents. Work in this area uses tools from econometrics, statistics, machine learning, and game theory to infer causal relationships between treatments and outcomes of ...
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- research-articleOctober 2024
Generative AI as Economic Agents
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 93–109https://doi.org/10.1145/3699824.3699832Traditionally, AI has been modeled within economics as a technology that impacts payoffs by reducing costs or refining information for human agents. Our position is that, in light of recent advances in generative AI, it is increasingly useful to model AI ...
- research-articleOctober 2024
Inequality and Market Design
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 83–92https://doi.org/10.1145/3699824.3699831Policymakers are often concerned about inequalities in the markets they control. In this letter, I argue that mechanism design has not responded sufficiently to the need for a comprehensive theory of inequality-aware market design. I review some of my ...
- research-articleOctober 2024
Leveraging Reviews: Learning to Price with Buyer and Seller Uncertainty
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 74–82https://doi.org/10.1145/3699824.3699830Customers can access hundreds of reviews for a single product in online marketplaces. Buyers often use reviews from other customers that share their type---such as height for clothing or skin type for skincare products---to estimate their values, which ...
- research-articleOctober 2024
Welfare-Maximizing Pooled Testing
- Simon Finster,
- Michelle González Amador,
- Edwin Lock,
- Francisco Marmolejo-Cossío,
- Evi Micha,
- Ariel D. Procaccia
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 66–73https://doi.org/10.1145/3699824.3699829This letter provides an overview of our recent work on COVID-19 testing mechanisms that appeared at EC'23. Large-scale testing is crucial in pandemics but resources are often prohibitively constrained. We study a scenario in which a population under ...
- research-articleOctober 2024
Decision Theory, Subjective Uncertainty, and Computer Science
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 59–65https://doi.org/10.1145/3699824.3699828I argue that further integration between Decision Theory and the methods of quantifying complexity and evaluating performance in Computer Science is valuable. I review [Lanzani 2024] as an illustration of this combination.
- research-articleOctober 2024
SIGecom Winter Meeting 2024 Highlights
ACM SIGecom Exchanges (SIGECOM), Volume 22, Issue 1Pages 42–58https://doi.org/10.1145/3699824.3699827The fourth annual ACM SIGecom Winter Meeting took place on February 15, 2024. Organized by Sigal Oren and Ran Shorrer, this year's meeting brought together researchers from economics, computer science, and adjacent fields to focus behavioral models. The ...
- research-articleOctober 2024
Puzzle: Does Occasional Simulation Enable Cooperation? (Puzzle in Honor of Joe Halpern's 70th Birthday)
ACM SIGecom Exchanges (SIGECOM), Volume 21, Issue 1Pages 62–63https://doi.org/10.1145/3699814.3699823Please send solutions to the author by e-mail, with the title of this puzzle in the subject header. By agreement with the editors, the best solution will be published in the next issue of SIGecom Exchanges, provided that that solution is of sufficiently ...
- research-articleOctober 2024
Solution to Exchanges 20.1 Puzzle: Communicating to Plan Noam Nisan's 60th Birthday Workshop
ACM SIGecom Exchanges (SIGECOM), Volume 21, Issue 1Pages 58–61https://doi.org/10.1145/3699814.3699822This is a solution to Vincent Conitzer's puzzle "Communicating to Plan Noam Nisan's 60th Birthday Workshop", which appeared as below in the July 2022 issue of SIGecom Exchanges.
Michael, Moshe, and Shahar---i.e., a constant number of organizers---are ...
- research-articleOctober 2024
Mechanism Design with Predictions: An Annotated Reading List
ACM SIGecom Exchanges (SIGECOM), Volume 21, Issue 1Pages 54–57https://doi.org/10.1145/3699814.3699821A surge of recent work has focused on analyzing the performance of algorithms guided by predictions, aiming to enhance their worst-case performance guarantees with improved guarantees when the predictions are accurate. This "learning-augmented" framework ...
- research-articleOctober 2024
Deep Reinforcement Learning for Economics: Progress and Challenges
ACM SIGecom Exchanges (SIGECOM), Volume 21, Issue 1Pages 49–53https://doi.org/10.1145/3699814.3699820We discuss the application of deep reinforcement learning to economic domains in general, and to bargaining on eBay in particular.
- research-articleOctober 2024
Tractable Choice
ACM SIGecom Exchanges (SIGECOM), Volume 21, Issue 1Pages 35–41https://doi.org/10.1145/3699814.3699818Models in economics and game theory often assume that people behave as if they can solve very complex problems, which can lead to misleading conclusions. To address this, I propose that we supplement the theory of rational choice with a theory of ...
- research-articleOctober 2024
Recent Developments in Pandora's Box Problem: Variants and Applications
ACM SIGecom Exchanges (SIGECOM), Volume 21, Issue 1Pages 20–34https://doi.org/10.1145/3699814.3699817In 1979, Weitzman introduced Pandora's box problem as a framework for sequential search with costly inspections. Recently, there has been a surge of interest in Pandora's box problem, particularly among researchers working at the intersection of ...
- research-articleOctober 2024
Report on the 2nd ACM Conference on Equity and Access in Algorithms, Mechanisms, and Optimization (EAAMO 2022)
ACM SIGecom Exchanges (SIGECOM), Volume 21, Issue 1Pages 14–19https://doi.org/10.1145/3699814.3699816The second annual ACM Conference on Equity and Access in Algorithms, Mechanisms, and Optimization (EAAMO'22) was held from October 6-9 at George Mason University in Arlington, VA, USA. This was the first in-person version of the conference: the first ...
- research-articleOctober 2024
SIGecom Winter Meeting 2023 Highlights
ACM SIGecom Exchanges (SIGECOM), Volume 21, Issue 1Pages 5–13https://doi.org/10.1145/3699814.3699815The third annual ACM SIGecom Winter Meeting took place on February 22, 2023. Organized by Scott Kominers and Matt Weinberg, this year's meeting brought together researchers from economics, computer science, and adjacent fields to focus on Web3, ...
- research-articleOctober 2024
Interview with Juba Ziani
ACM SIGecom Exchanges (SIGECOM), Volume 20, Issue 2Pages 85–90https://doi.org/10.1145/3699804.3699813In his winter meeting tutorial, Juba Ziani presented an overview of recent advancements in the rapidly evolving field of algorithmic fairness. Dr. Ziani is an assistant professor at the School of Industrial and Systems Engineering at Georgia Institute of ...