| Paper Abstract and Keywords |
| Presentation |
2007-12-13 13:30
An experimental study of sponsored search auctions Emiko Fukuda (National Defense Academy), Michiharu Masui (Tokyo Tech.), Nobuhiko Ito (Ministry of Defense) AI2007-24 |
| Abstract |
(in Japanese) |
(See Japanese page) |
| (in English) |
In sponsored search auctions, the "Generalized Second Price" (GSP) auction is commonly used by major search engines. GSP is similar to the Vickrey-Clarke-Groves (VCG) mechanism which has an incentive compatible property. Edelman et al. [2] showed GSP is more profitable for search engines than VCG if an equilibrium is achieved in each mechanism. In this paper, we report on a series of experiments examining whether equilibria are achieved in GSP and VCG, and which mechanism is more profitable. |
| Keyword |
(in Japanese) |
(See Japanese page) |
| (in English) |
Sponsored search auctions / Generalized second price auction / Vickrey-Clarke-Groves mechanism / Experimental economics / / / / |
| Reference Info. |
IEICE Tech. Rep., vol. 107, no. 383, AI2007-24, pp. 23-26, Dec. 2007. |
| Paper # |
AI2007-24 |
| Date of Issue |
2007-12-06 (AI) |
| ISSN |
Print edition: ISSN 0913-5685 Online edition: ISSN 2432-6380 |
Copyright and reproduction |
All rights are reserved and no part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Notwithstanding, instructors are permitted to photocopy isolated articles for noncommercial classroom use without fee. (License No.: 10GA0019/12GB0052/13GB0056/17GB0034/18GB0034) |
| Download PDF |
AI2007-24 |
| Conference Information |
| Committee |
AI |
| Conference Date |
2007-12-13 - 2007-12-13 |
| Place (in Japanese) |
(See Japanese page) |
| Place (in English) |
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| Topics (in Japanese) |
(See Japanese page) |
| Topics (in English) |
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| Paper Information |
| Registration To |
AI |
| Conference Code |
2007-12-AI |
| Language |
Japanese |
| Title (in Japanese) |
(See Japanese page) |
| Sub Title (in Japanese) |
(See Japanese page) |
| Title (in English) |
An experimental study of sponsored search auctions |
| Sub Title (in English) |
|
| Keyword(1) |
Sponsored search auctions |
| Keyword(2) |
Generalized second price auction |
| Keyword(3) |
Vickrey-Clarke-Groves mechanism |
| Keyword(4) |
Experimental economics |
| Keyword(5) |
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| Keyword(6) |
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| Keyword(8) |
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| 1st Author's Name |
Emiko Fukuda |
| 1st Author's Affiliation |
National Defense Academy of Japan (National Defense Academy) |
| 2nd Author's Name |
Michiharu Masui |
| 2nd Author's Affiliation |
Tokyo Institute of Technology (Tokyo Tech.) |
| 3rd Author's Name |
Nobuhiko Ito |
| 3rd Author's Affiliation |
Japan Ministry of Defense (Ministry of Defense) |
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| Speaker |
Author-1 |
| Date Time |
2007-12-13 13:30:00 |
| Presentation Time |
30 minutes |
| Registration for |
AI |
| Paper # |
AI2007-24 |
| Volume (vol) |
vol.107 |
| Number (no) |
no.383 |
| Page |
pp.23-26 |
| #Pages |
4 |
| Date of Issue |
2007-12-06 (AI) |