Optimal Auctions through Deep Learning, Dütting et al., 2019 How to design a revenue maximising and incentive compatible auction in settings where we do not know how to explicitly characterise the allocation and payment functions? Or, more the point, how to design such auctions for most real world applications? Today’s paper proposes neural networks toContinue reading “Optimal Auctions through Deep Learning”
Tag Archives: AdTech
Soft Floors in Auctions
Soft Floors in Auctions, Zeithammer, Management Science, 2019 We continue exploring research on recent trends in online auctions this week. In a highly industry relevant paper, Robert Zeithammer studies the revenue properties of soft floor prices in auctions. The idea of soft floor prices gained popularity around the year 2013, when various ad exchanged introducedContinue reading “Soft Floors in Auctions”
theory and measurement brief 