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On Best-Response Bidding in GSP Auctions

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NBER2008-02-01 更新2025-01-04 收录
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How should players bid in keyword auctions such as those used by Google, Yahoo! and MSN? We model ad auctions as a dynamic game of incomplete information, so we can study the convergence and robustness properties of various strategies. In particular, we consider best-response bidding strategies for

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2008-02-01
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