TacTex09: Champion of the First Trading Agent Competition on Ad Auctions
Abstract
Sponsored search [4] is one of the most important forms of Internet advertising available to businesses today. In sponsored search, an advertiser pays to have its advertisement displayed alongside search engine results whenever a user searches for a specific keyword or set of keywords. An advertiser can thereby target only those users who might be interested in the advertisers products. Each of the major search engines (Google, Yahoo, and Microsoft) implements sponsored search in a slightly different way, but the overall idea is the same. For each keyword, a keyword auction [5] is run in which advertisers bid an amount that they are willing to pay each time their ad is clicked, and the order in which the ads are displayed is determined by the ranking of the bids (and possibly other factors).
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 2010
- Accession Number
- AD1024600
Entities
People
- David Pardoe
- Doran Chakraborty
- Peter Stone
Organizations
- University of Texas at Austin