Online Ad Procurement in Non-stationary Autobidding Worlds
Закупка интернет-рекламы в нестационарных средах с автоматическим назначением ставок
2023-07-10
SCID: 54.1/5ur2r5vt
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autobidding platformslong-term constraintsnon-stationary bandit feedbackonline ad procurementprimal-dual algorithm
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Abstract (AI)
Today's online advertisers procure digital ad impressions through interacting with autobidding platforms: advertisers convey high level procurement goals via setting levers such as budget, target return-on-investment, max cost per click, etc.. Then ads platforms subsequently procure impressions on advertisers' behalf, and report final procurement conversions (e.g. click) to advertisers. In practice, advertisers may receive minimal information on platforms' procurement details, and procurement outcomes are subject to non-stationary factors like seasonal patterns, occasional system corruptions, and market trends which make it difficult for advertisers to optimize lever decisions effectively. Motivated by this, we present an online learning framework that helps advertisers dynamically optimize ad platform lever decisions while subject to general long-term constraints in a realistic bandit feedback environment with non-stationary procurement outcomes. In particular, we introduce a primal-dual algorithm for online decision making with multi-dimension decision variables, bandit feedback and long-term uncertain constraints. We show that our algorithm achieves low regret in many worlds when procurement outcomes are generated through procedures that are stochastic, adversarial, adversarially corrupted, periodic, and ergodic, respectively, without having to know which procedure is the ground truth. Finally, we emphasize that our proposed algorithm and theoretical results extend beyond the applications of online advertising.
Key Findings
1
Develops a primal-dual algorithm supporting multidimensional decisions, bandit feedback, and uncertain long-term constraints.
2
Introduces an online learning framework for dynamically optimizing advertiser lever decisions under bandit feedback, non-stationary procurement outcomes, and general long-term constraints.
3
Proves low regret across stochastic, adversarial, adversarially corrupted, periodic, and ergodic procurement environments without knowing the underlying data-generation procedure.
4
The algorithm and theoretical results are presented as applicable beyond online advertising.
5
The framework addresses realistic non-stationarity from seasonal patterns, system corruptions, and market trends while requiring limited information about platform procurement details.
Research Object
Online digital ad procurement by advertisers through autobidding platforms under non-stationary procurement outcomes
Research Subject
Dynamic optimization of multi-dimensional autobidding lever decisions under bandit feedback and general long-term uncertain constraints across stochastic, adversarial, corrupted, periodic, and ergodic procurement environments
Publication Details
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2023-07-10
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