Utilizing a Forward Looking Nash Equilibrium in an Ad-words Auction
- IP Title
- Utilizing a Forward Looking Nash Equilibrium in an Ad-words Auction
- Summary
-
This patent application discloses systems and methods for facilitating more efficient bidding in an ad-words auction. The new method comprises an auctioning component and a bidding component. Bidding agents place bids in the ad-words auction as a function of dynamically considering at least existing strategies of other bidding agents and future responses of other bidding agents.
- Technology Application
-
•Online advertising
- Application Date
- 06/05/2009
- ID No.
- 12/436,700
- Country/Region
- Hong Kong
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