Comparing predicted prices in auctions for online advertising

被引:4
|
作者
Bax, Eric [1 ]
Kuratti, Anand
Mcafee, Preston [2 ]
Romero, Julian [3 ]
机构
[1] Yahoo Marketplace Architecture, Burbank, CA 91504 USA
[2] Yahoo Res, Burbank, CA 91504 USA
[3] Purdue Univ, W Lafayette, IN 47907 USA
关键词
Reversion; Validation; Bias; Auction; Prediction; BINOMIAL PROPORTION; INTERVAL ESTIMATION; INFORMATION; CONFIDENCE; ESTIMATORS; SELECTION; STANDARD;
D O I
10.1016/j.ijindorg.2011.06.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Online publishers sell opportunities to show ads. Some advertisers pay only if their ad elicits a user response. Publishers estimate response rates for ads in order to estimate expected revenues from showing the ads. Then publishers select ads that maximize estimated expected revenue. By taking a maximum among estimates, publishers inadvertently select ads based on a combination of actual expected revenue and inaccurate estimation of expected revenue. Publishers can increase actual expected revenue by selecting ads to maximize a combination of estimated expected revenue and estimation accuracy. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:80 / 88
页数:9
相关论文
共 50 条
  • [21] The effects of shilling on final bid prices in online auctions
    Kauffman, Robert J.
    Wood, Charles A.
    ELECTRONIC COMMERCE RESEARCH AND APPLICATIONS, 2005, 4 (01) : 21 - 34
  • [22] Empirical Analyses of Nonlinear Effects of Reserve Prices on Ending Prices in Online Auctions
    Han, Jidong
    Leszczyc, Peter T. L. Popkowski
    Zhang, Zelin
    JOURNAL OF INTERACTIVE MARKETING, 2021, 54 : 86 - 102
  • [23] Data-Driven Reserve Prices for Social Advertising Auctions at LinkedIn
    Cui, Tingting
    Peng, Lijun
    Pardoe, David
    Liu, Kun
    Agarwal, Deepak
    Kumar, Deepak
    ADKDD'17: 23RD ACM SIGKDD CONFERENCE ON KNOWLEDGE DISCOVERY AND DATA MINING (KDD 2017), 2017,
  • [24] Comparing commodity prices in electronic and traditional auctions: Empirical evidence from Indian coffee auctions
    Mitra, Saby
    Banker, Rajiv
    SEVENTH INTERNATIONAL CONFERENCE ON ELECTRONIC COMMERCE, VOLS 1 AND 2, SELECTED PROCEEDINGS, 2005, : 233 - 235
  • [25] Bidding and prices for online art auctions: sofa art or investment
    Jannett Highfill
    Kevin O’Brien
    Journal of Cultural Economics, 2007, 31 : 279 - 292
  • [26] Analyzing the simultaneous use of auctions and posted prices for online selling
    Etzion, Hila
    Pinker, Edieal
    Seidmann, Abraham
    M&SOM-MANUFACTURING & SERVICE OPERATIONS MANAGEMENT, 2006, 8 (01) : 68 - 91
  • [27] Bidding and prices for online art auctions: sofa art or investment
    Highfill, Jannett
    O'Brien, Kevin
    JOURNAL OF CULTURAL ECONOMICS, 2007, 31 (04) : 279 - 292
  • [28] CONSUMER BEHAVIOR IN ONLINE AUCTIONS: AN EXAMINATION OF PARTITIONED PRICES ON EBAY
    Clark, John
    Ward, Sidne
    JOURNAL OF MARKETING THEORY AND PRACTICE, 2008, 16 (01) : 57 - 66
  • [29] Using Grouped Data to Estimate Revenue Heterogeneity in Online Advertising Auctions
    Breitmar, Nils A.
    Harding, Matthew
    Lamarche, Carlos
    AEA PAPERS AND PROCEEDINGS, 2023, 113 : 161 - 165
  • [30] Online Causal Inference for Advertising in Real-Time Bidding Auctions
    Waisman, Caio
    Nair, Harikesh S.
    Carrion, Carlos
    MARKETING SCIENCE, 2024,