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cs.GT2026
Adaptive Bidding Policies for First-Price Auctions with Budget Constraints under Non-stationarity
Yige Wang, Jiashuo Jiang
In this paper, we study how a budget-constrained bidder should learn to bid adaptively in repeated first-price auctions to maximize cumulative payoff. This problem arises from the…
cs.GT2026
Decentralized Multi-product Pricing: Diagonal Dominance, Nash Equilibrium, and Price of Anarchy
Boxiao Chen, Jiashuo Jiang, Stefanus Jasin
Decentralized decision making in multi--product firms can lead to efficiency losses when autonomous decision makers fail to internalize cross--product demand interactions. This pap…
cs.GT2025
Plan-Driven Adaptive Bidding for First-Price Auctions with Budget Constraints under Nonstationarity
Yige Wang, Jiashuo Jiang
We study budget pacing in repeated first-price auctions when an advertiser's private-value distributions change over time and the stationary competing-bid distribution is unknown.…