The generation mechanism of cyclic fluctuation of bid price in keyword advertising
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- Kawamata Yuji
- Graduate School of Systems and Information Engineering, University of Tsukuba
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- Zhang Xiaoquan
- Department of Decision Sciences and Managerial Economics, Chinese University of Hong Kong
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- Akiyama Eizo
- Faculty of Engineering, Information and Systems, University of Tsukuba
Bibliographic Information
- Other Title
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- 検索連動型広告における循環的な入札額変動の発生機構の解明
Description
<p>Keyword advertising is one of the major internet advertisements. In keyword advertising, the positions of advertisements for the keyword are mainly determined by the generalized second price auction. Zhang & Feng (2011) have found that in real keyword advertising market, advertisers' bids can exhibit saw-tooth like fluctuation. Furthermore, modelling mathematically the competition with 2 advertisers, they have explained the generation mechanism of such fluctuation. In this study, using actual market data, we show that various types of cyclic fluctuation other than saw-tooth occur in real. We also show that the generation mechanism of various types of cyclic fluctuation can be explained by a mathematical model assuming the competition with many (3 or more) advertisers.</p>
Journal
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- Abstracts of Annual Conference of Japan Society for Management Information
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Abstracts of Annual Conference of Japan Society for Management Information 201906 (0), 117-120, 2019-08-31
THE JAPAN SOCIETY FOR MANAGEMENT INFORMATION (JASMIN)
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Details 詳細情報について
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- CRID
- 1390282763136836736
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- NII Article ID
- 130007697154
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- Text Lang
- ja
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- Data Source
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- JaLC
- CiNii Articles
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- Abstract License Flag
- Disallowed