In this paper, we present a strategic bidding framework for repeated auctions with monitoring and entry fees. We motivate and formally define the desired properties of our framework and present a recursive bidding algorithm, according to which buyers learn to avoid submitting bids in stages where they have a relatively low chance of winning the auctioned item. The proposed bidding strategies are computationally simple as players do not need to recompute the sequential strategies from the data collected to date. Pursuing the proposed efficient bidding (EB) algorithm, players monitor their relative performance in the course of the game and submit their bids based on their current estimate of the market condition. We prove the stability and robustness of the proposed strategies and show that they dominate myopic and random bidding strategies using an experiment in search engine marketing.

Did you like this research project?

To get this research project Guidelines, Training and Code... Click Here

PROJECT TITLE : Accurate and Robust Video Saliency Detection via Self-Paced Diffusion ABSTRACT: In order to estimate video saliency in the short term, traditional video saliency detection algorithms usually follow the common
PROJECT TITLE : Robust Lane Detection from Continuous Driving ScenesUsing Deep Neural Networks ABSTRACT: For autonomous vehicles and sophisticated driver assistance systems, lane recognition in driving scenes is a critical element.
PROJECT TITLE : Robust Unsupervised Multi-view Feature Learning with Dynamic Graph ABSTRACT: By modeling the affinity associations with a graph to lower the dimension, graph-based multi-view feature learning algorithms learn a
PROJECT TITLE : A Spatially Constrained Probabilistic Model for Robust Image Segmentation ABSTRACT: In probabilistic model based segmentation, the hidden Markov random field (HMRF) is used to describe the class label distribution
PROJECT TITLE : An Adaptive and Robust Edge Detection Method Based on Edge Proportion Statistics ABSTRACT: One of the most important preprocessing steps for high-level tasks in the field of image analysis and computer vision is

Ready to Complete Your Academic MTech Project Work In Affordable Price ?

Project Enquiry