Designing Truthful Contextual Multi-Armed Bandits based Sponsored Search Auctions

In this work, we consider the contextual multi-armed bandit problem in the presence of strategic agents in the context of sponsored search auction. In this setting, an advertising platform (center) runs a repeated auction to select the best-suited ads relevant to the user’s query. The center aspires to select an ad that has a high … Continue reading Designing Truthful Contextual Multi-Armed Bandits based Sponsored Search Auctions