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The Irrelevance of Automated Bidding | The Leisure of the Theory Class
https://theoryclass.wordpress.com/2023/04/15/the-irrelevance-of-automated-bidding/
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economics
auctions
market design
mechanism design
Around the mid 2010’s Google introduced automated bidding. Other platforms have followed suit. Rather than bidding directly for an `eyeball’, an advertiser delegates the bidding to the …
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