论文标题

ROI受限自动铸造的激励机制设计

Incentive Mechanism Design for ROI-constrained Auto-bidding

论文作者

Li, Bin, Yang, Xiao, Sun, Daren, Ji, Zhi, Jiang, Zhen, Han, Cong, Hao, Dong

论文摘要

自动投标在在线广告中起着重要作用,并且已成为广告客户和广告平台的关键工具,以实现其性能目标并优化广告交付的效率。采用自动招标的广告商只需要表达高级目标和约束,并将投标优化问题留给广告平台。由于自动竞标显然改变了竞标语言和广告商参与广告拍卖的方式,因此应该对自动投标环境的机制设计进行基本调查,以研究自动竞标与广告商的相互作用。在本文中,我们为ROI受限的自动投标制定了激励机制设计的一般问题,并对收入最大化和最大化广告商的策略要求进行分析。此外,我们还提供了一个机制框架和实用解决方案,以确保不同类型的广告商的激励属性。

Auto-bidding plays an important role in online advertising and has become a crucial tool for advertisers and advertising platforms to meet their performance objectives and optimize the efficiency of ad delivery. Advertisers employing auto-bidding only need to express high-level goals and constraints, and leave the bid optimization problem to the advertising platforms. As auto-bidding has obviously changed the bidding language and the way advertisers participate in the ad auction, fundamental investigation into mechanism design for auto-bidding environment should be made to study the interaction of auto-bidding with advertisers. In this paper, we formulate the general problem of incentive mechanism design for ROI-constrained auto-bidding, and carry out analysis of strategy-proof requirements for the revenue-maximizing and profit-maximizing advertisers. In addition, we provide a mechanism framework and a practical solution to guarantee the incentive property for different types of advertisers.

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