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Mechanism Design for Federated Sponsored Search Auctions

Ceppi, Sofia, Gatti, Nicola and Gerding, Enrico (2011) Mechanism Design for Federated Sponsored Search Auctions At The Twenty-Fifth Conference on Artificial Intelligence (AAAI-11).

Record type: Conference or Workshop Item (Other)

Abstract

Recently there is an increase in smaller, domain-specific search engines that scour the deep web finding information that general-purpose engines are unable to discover. These search engines play a crucial role in the new generation of search paradigms where federated search engines (FSEs) integrate search results from heterogeneous sources. In this paper we pose, for the first time, the problem to design a revenue mechanism that ensures profits both to individual search engines and FSEs as a mechanism design problem. To this end, we extend the sponsored search auction models and we discuss possibility and impossibility results on the implementation of an incentive compatible mechanism. Specifically, we develop an execution-contingent VCG (where payments depend on the observed click behavior) that satisfies both individual rationality and weak budget balance in expectation.

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More information

Published date: August 2011
Additional Information: Event Dates: August 2011
Venue - Dates: The Twenty-Fifth Conference on Artificial Intelligence (AAAI-11), 2011-08-01
Organisations: Agents, Interactions & Complexity

Identifiers

Local EPrints ID: 272261
URI: http://eprints.soton.ac.uk/id/eprint/272261
PURE UUID: 3fe7de5e-872b-4689-ae9d-06d53b9da3ed

Catalogue record

Date deposited: 06 May 2011 10:00
Last modified: 18 Jul 2017 06:32

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Contributors

Author: Sofia Ceppi
Author: Nicola Gatti
Author: Enrico Gerding

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