Adverse Selection and Auction Design for Internet Display Advertising

We model an online display advertising environment with brand advertisers and better-informed performance advertisers, and seek an auction mechanism that is strategy-proof, anonymous and insulates brand advertisers from adverse selection. We find that the only such mechanism that is also false-name...

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Bibliographic Details
Main Authors: Nicholas Arnosti, Marissa Beck, Paul Milgrom
Format: Article
Language:English
Published: European Alliance for Innovation (EAI) 2016-12-01
Series:EAI Endorsed Transactions on Scalable Information Systems
Subjects:
Online Access:http://eudl.eu/doi/10.4108/eai.8-8-2015.2260678