arXiv Machine Learning

Enhancing Affine Maximizer Auctions with Correlation-Aware Payment

The paper introduces Correlation-Aware Affine Maximizer Auctions (CA-AMA), a new framework that extends traditional AMAs by incorporating a correlation-aware payment structure. CA-AMA maintains dominant-strategy incentive compatibility and is formulated as a constraint optimization problem with individual rationality constraints. The authors theoretically demonstrate that CA-AMA can achieve optimal revenue in scenarios where classic AMAs perform poorly, and they present a practical two-stage training algorithm that empirically finds near-optimal CA-AMA solutions with improved revenue and minimal IR violations.

arXiv Machine Learning
Jul 22

JD-BP: A Joint-Decision Generative Framework for Auto-Bidding and Pricing

arXiv:2604. 05845v2 Announce Type: replace-cross Abstract: Auto-bidding services optimize real-time bidding strategies for advertisers under key performance indicator (KPI) constraints such as target return on investment and budget.

By Linghui Meng, Chun Gan, Shengsheng Niu, Chengcheng Zhang, Chenchen Li, Chuan Yang, Yi Mao, Xin Zhu, Jie He, Zhangang Lin, Ching Law
arXiv AI
Sep 4

Data Market Design through Deep Learning

The paper tackles the data market design problem, which seeks signaling schemes that maximize revenue for an information seller. It applies deep learning to learn these schemes, addressing both obedience and incentive constraints, and demonstrates that the framework can replicate known theoretical solutions, extend to more complex scenarios, and suggest new optimal designs. The study builds on prior auction‑design work and introduces a novel approach for revenue‑optimal data markets.

By Sai Srivatsa Ravindranath, Yanchen Jiang, David C. Parkes