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cs.GT2023
Revenue in First- and Second-Price Display Advertising Auctions: Understanding Markets with Learning Agents
Martin Bichler, Alok Gupta, Matthias Oberlechner
The transition of display ad exchanges from second-price auctions (SPA) to first-price auctions (FPA) has raised questions about its impact on revenue. Auction theory predicts the…
cs.GT2023
On the Convergence of Learning Algorithms in Bayesian Auction Games
Martin Bichler, Stephan B. Lunowa, Matthias Oberlechner +2
Equilibrium problems in Bayesian auction games can be described as systems of differential equations. Depending on the model assumptions, these equations might be such that we do n…