Abstract
We study an advertisement transaction market which is considering a value of advertisement in addition to monetary value. This paper proposes a novel model for advertisement transactions which employs two stages auctions. To improve an advertisement value for advertisers, it is important to consider not only advertisement sizes and its allocations but also its combinations for the advertisers’ marketing strategies. The two stages auction aims to improve the advertisement value and seller’s revenue. The concept of our model is that the advertisers can consider own marketing strategies for the auction. The first auction winner can choose some preferred other advertisers to make a second auction, and also he/she can reject inconvenient advertisers. The first auction winner can consider the marketing strategy by making a convenient bidders set in the second auction.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Edelman, B., Ostrovsky, M., Schwarz, M.: Internet advertising and the generalized second price auction: selling billions of dollars worth of keywords. Am. Econ. Rev. 9(1), 242–259 (2007)
Arshad, A.M., Su, Q.: Interlinking service delivery innovation and service quality: a conceptual framework. J. Appl. Bus. Res. 31(5), 1807–1822 (2015)
Gan, C., Cohen, D., Clemes, M.: A Survey of Customer Retention in the New Zealand Banking Industry. Banks and Banks Syst. 1(4), 83–99 (2006)
Sridhar, M.S.: Customer participation in service production and delivery system. Libr. Sci. Slant Doc. Inf. Stud. 35(3), 157–163 (1998)
Takahashi, S., Matsuo, T., LEE, R.Y.: Advertisement pricing and layout mechanism in GlobalAd. J. Inf. 16(2B), 1546–1554 (2013)
Takahashi, S., Matsuo, T., Lee, R.Y., Ito, T.: A co-dependent value-based mechanism for the internet advertisement auction. In: Cranefield, S., Song, I., (eds.) Agent Based Simulation for a Sustainable Society and Multi-agent Smart Computing LNAI 7580, pp. 64–77. Springer (2011)
Schrijver, A.: Combinatorial Optimization: polyhedra and efficiency. Springer-Verlag, Berlin Heidelberg (2003)
Takahashi, S., Shigeno, M.: Approximation algorithms for a winner determination problem of single-item multi-unit auctions. JSIAM lett. 3, 29–32 (2011)
Conitzer, V., Sandholm, T.: Failures of the VCG mechanism in combinatorial auctions and exchanges. In: Proceedings of the 5th International Joint Conference on Autonomous Agents and Multiagent Systems, pp. 521–528 (2006)
Sher, I.: Optimal shill bidding in the VCG mechanism. Econ.Theor. 50(2), 341–387 (2012)
Matsuo, T., Ito, T., Shintani, T.: A new approach to detecting shill bids in e-auctions. Int. J. Intell. Inf. Database Syst. 1, 3–17 (2007)
Yokoo, M., Sakurai, Y., Matsubara, S.: The effect of false-name bids in combinatorial auctions: new fraud in internet auctions. Game Econ. Behav. 46(1), 174–188 (2004)
Milgrom, P.: Putting Auction Theory to Work. Cambridge University Press (2004)
Todo, T., Iwasaki, A., Yokoo, M., Sakurai, Y.: Characterizing false-name-proof allocation rules in combinatorial auctions. Proceedings of 8th International Conference on Autonomous Agents and Multiagent Systems, pp. 265–272 (2009)
Acknowledgements
This research is supported by Grant-in-Aid for Scientific Research (KAKENHI 26870200, 15H02972).
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer International Publishing AG
About this paper
Cite this paper
Takahashi, S., Matsuo, T. (2018). Revenue Improvement Mechanisms Based on Advertisement’s Values and Layouts. In: Theeramunkong, T., Skulimowski, A., Yuizono, T., Kunifuji, S. (eds) Recent Advances and Future Prospects in Knowledge, Information and Creativity Support Systems. KICSS 2015. Advances in Intelligent Systems and Computing, vol 685. Springer, Cham. https://doi.org/10.1007/978-3-319-70019-9_22
Download citation
DOI: https://doi.org/10.1007/978-3-319-70019-9_22
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-70018-2
Online ISBN: 978-3-319-70019-9
eBook Packages: EngineeringEngineering (R0)