Bid Phrases and Keyword Auctions
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Adaptive Weighing Designs for Keyword Value Computation
Author: John W. Byers, byers@cs.bu.edu
Abstract: We introduce the channelization problem: how do we adaptively assign keywords to channels over the course of multiple days to quickly obtain accurate VPC estimates of all keywords? We relate this problem to classical results in weighing design, devise new adaptive algorithms for this problem, and quantify the performance of these algorithms experimentally. Our results demonstrate that adaptive weighing designs that exploit statistics of term frequency, variability in VPCs across keywords, and flexible channel assignments over time provide the best estimators of keyword VPCs.
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Automatic Generation of Bid Phrases for Online Advertising
Author: Sujith Ravi, sravi@isi.edu
Abstract: Our study aims towards the automatic construction of online ad campaigns: given a landing page, we propose several algorithmic methods to generate bid phrases suitable for the given input. Such phrases must be both relevant (that is, reflect the content of the page) and well-formed (that is, likely to be used as queries to a Web search engine). To this end, we use a two phase approach. First, candidate bid phrases are generated by a number of methods, including a (monolingual) translation model capable of generating phrases not contained within the text of the input as well as previously “unseen” phrases. Second, the candidates are ranked in a probabilistic framework using both the translation model, which favors relevant phrases, as well as a bid phrase language model, which favors well-formed phrases.
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Advertising Keyword Generation Using Active Learning
Author: Hao Wu, haowu@zju.edu.cn
Abstract: This paper proposes an efficient relevance feedback based interactive model for keyword generation in sponsored search advertising. We formulate the ranking of relevant terms as a supervised learning problem and suggest new terms for the seed by leveraging user relevance feedback information. Active learning is employed to select the most informative samples from a set of candidate terms for user labeling. Experiments show our approach improves the relevance of generated terms significantly with little user effort required.
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Competitive Analysis from Click-Through Log
Author: Gang Wang, gawa@microsoft.com
Abstract: Existing keyword suggestion tools from various search engine companies could automatically suggest keywords related to the advertisers’ products or services, counting in simple statistics of the keywords, such as search volume, cost per click (CPC), etc. However, the nature of the generalized Second Price Auction suggests that better understanding the competitors’ keyword selection and bidding strategies better helps to win the auction, other than only relying on general search statistics. In this paper, we propose a novel keyword suggestion strategy, called Competitive Analysis, to explore the keyword based competition relationships among advertisers and eventually help advertisers to build campaigns with better performance.
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General Auction Mechanism for Search Advertising
Author: Gagan Aggarwal, gagana@google.com
Abstract: In sponsored search, a number of advertising slots is available on a search results page, and have to be allocated among a set of advertisers competing to display an ad on the page. In this paper, we model advertising auctions in terms of an assignment model with linear utilities, extended with bidder and item specific maximum and minimum prices. Auction mechanisms like the commonly used GSP or the well-known Vickrey-Clarke-Groves (VCG) can be interpreted as simply computing a bidder-optimal stable matching in this model, for a suitably defined set of bidder preferences, but our model includes much richer bidders and preferences. Our main technical contributions are the existence of bidder-optimal matchings and strategyproofness of the resulting mechanism, and are proved by induction on the progress of the matching algorithm.
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Hybrid Keyword Search Auctions
Author: Ashish Goel, ashishg@stanford.edu
Abstract: Search auctions have become a dominant source of revenue generation on the Internet. Such auctions have typically used per-click bidding and pricing. We propose the use of hybrid auctions where an advertiser can make a per-impression as well as a per-click bid, and the auctioneer then chooses one of the two as the pricing mechanism. We assume that the advertiser and the auctioneer both have separate beliefs (called priors) on the click-probability of an advertisement. We first prove that the hybrid auction is truthful, assuming that the advertisers are risk-neutral. We then show that this auction is superior to the existing per-click auction in multiple ways. As Internet commerce matures, we need more sophisticated pricing models to exploit all the information held by each of the participants. We believe that hybrid auctions could be an important step in this direction.
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Towards Intent-Driven Bidterm Suggestion
Author: William Chang, wchang@isi.edu
Abstract: In online advertising, pervasive in commercial search engines, advertisers typically bid on few terms, and the scarcity of data makes ad matching difficult. Suggesting additional bidterms can significantly improve ad clickability and conversion rates. In this paper, we present a large-scale bidterm suggestion system that models an advertiser’s intent and finds new bidterms consistent with that intent. Preliminary experiments show that our system significantly increases the coverage of a state of the art production system used at Yahoo while maintaining comparable precision.
Presentation Bias Analysis
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Beyond Position Bias- Examining Result Attractiveness as a Source of Presentation Bias in Clickthrough Data
Author: Yisong Tue, yyue@cs.cornell.edu
Abstract: In this paper, we examine result summary attractiveness as a potential source of presentation bias. This study distinguishes itself from prior work by aiming to detect systematic biases in click behavior due to attractive summaries inflating perceived relevance. Our experiments conducted on the Google web search engine show substantial evidence of presentation bias in clicks towards results with more attractive titles.
Personalized Click Prediction
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Matchbox-Large Scale Online Bayesian Recommendations
Author: David Stern, dstern@microsoft.com
Abstract: We present a probabilistic model for generating personalised recommendations of items to users of a web service. The Matchbox system makes use of content information in the form of user and item meta data in combination with collaborative filtering information from previous user behavior in order to predict the value of an item for a user. Users and items are represented by feature vectors which are mapped into a low-dimensional ‘trait space’ in which similarity is measured in terms of inner products. The model can be trained from different types of feedback in order to learn user-item preferences.
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Discovering and Using Groups to Improve Personalized Search
Author: Jaime Teevan, teevan@microsoft.com
Abstract: Personalized Web search takes advantage of information about an individual to identify the most relevant results for that person. To better understand whether groups of people can be used to benefit personalized search, we explore the similarity of query selection, desktop information, and explicit relevance judgments across people grouped in different ways. The groupings we explore fall along two dimensions: the longevity of the group members’ relationship, and how explicitly the group is formed. We find that some groupings provide valuable insight into what members consider relevant to queries related to the group focus, but that it can be difficult to identify valuable groups implicitly. Building on these findings, we explore an algorithm to "groupize" (versus "personalize") Web search results that leads to a significant improvement in result ranking on group-relevant queries.
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Personalized Click Prediction in Sponsored Search
Author: Haibin cheng, hcheng@yahoo-inc.com
Abstract: The objective of this paper is to present a framework for the personalization of click models in sponsored search. We develop user-specific and demographic-based features that reflect the click behavior of individuals and groups. The features are based on observations of search and click behaviors of a large number of users of a commercial search engine. We add these features to a baseline non-personalized click model and perform experiments on offline test sets derived from user logs as well as on live traffic. Our results demonstrate that the personalized models significantly improve the accuracy of click prediction.