Research map / Learning theory and algorithms / Submodular and game algorithms
Learning to Clear the Market
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Measured effects reported in the paper
| What was changed | Where | Measured | Effect |
|---|---|---|---|
| Use the clearing loss instead of the benchmark pricing losses | Linear pricing model · Google Ad Exchange test set | revenue at a fixed match rate | Helped |
| Use the clearing loss instead of the benchmark pricing losses | Linear pricing model · Google Ad Exchange test set | revenue at a fixed social welfare: over 10% revenue improvement with less than 2% impact on buyer welfare | Helped |
| Set the clearing-loss supply parameter to λ = 0.25 (ablation) | Clearing loss · Google Ad Exchange test set | revenue improvement: 20% | Helped |
| Set the clearing-loss supply parameter to λ = 0.25 (ablation) | Clearing loss · Google Ad Exchange test set | match rate: 30% | Hurt |
| Vary λ to control supply and price aggressiveness (ablation) | Clearing loss · Google Ad Exchange test set | match rate | Helped |
| Use the default clearing-loss parameter λ = 1 (ablation) | Clearing loss · Google Ad Exchange test set | match rate: 1 - 1/e ≈ 0.63 | Mixed |
| Use the stated match-rate formula to choose λ (ablation) | Clearing loss · Google Ad Exchange test set | match rate: λ = log(1/(1-{sf MR})) | Helped |
| Fit prices by least-squares regression on the highest bid rather than clearing loss | Linear pricing model · Google Ad Exchange test set | social welfare: almost 5% | Hurt |
| Use revenue surrogate loss instead of clearing loss | Linear pricing model · Google Ad Exchange test set | convergence speed: 400K iterations | Hurt |
| Vary γ across {0.25, 0.5, 0.75, 1} and select γ = 0.75 (ablation) | Revenue surrogate · Google Ad Exchange test set | revenue | Helped |
| Use least-squares regression on the highest bid without regularization | Linear pricing model · Google Ad Exchange test set | revenue | Helped |
| Use least-squares regression on the highest bid without regularization | Linear pricing model · Google Ad Exchange test set | match rate | Hurt |
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