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• W2418924390 abstract "Second-price auctions with reserve play a critical role in the revenue of modern search engine and popular online sites since the revenue of these companies often directly depends on the outcome of such auctions. The choice of the reserve price is the main mechanism through which the auction revenue can be influenced in these electronic markets. We cast the problem of selecting the reserve price to optimize revenue as a learning problem and present a full theoretical analysis dealing with the complex properties of the corresponding loss function. We further give novel algorithms for solving this problem and report the results of several experiments in both synthetic and real-world data demonstrating their effectiveness." @default.
• W2418924390 created "2016-06-24" @default.
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• W2418924390 date "2016-01-01" @default.
• W2418924390 modified "2023-10-18" @default.
• W2418924390 title "Learning algorithms for second-price auctions with reserve" @default.
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• W2418924390 doi "https://doi.org/10.5555/2946645.3007027" @default.
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