Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
skip to main content
10.5555/2888619.2889011acmconferencesArticle/Chapter ViewAbstractPublication PageswscConference Proceedingsconference-collections
research-article

Optimal budget allocation strategies for real time bidding in display advertising

Published: 06 December 2015 Publication History

Abstract

We present a simulation model to determine optimal budget allocation strategies for real-time bidding (RTB) based display advertising. A common challenge across RTB exchanges is to optimize both budget spend and performance attainment. Our simulation model uses a stochastic dynamic programming approach based budget allocation to determine budget for each time instant. We report on results from a real-world pilot in which our approach delivered an average 18% performance gain.

Reference

[1]
Lee, Kuang-Chih, Ali Jalali, and Ali Dasdan. "Real time bid optimization with smooth budget delivery in online advertising." Proceedings of the Seventh International Workshop on Data Mining for Online Advertising. ACM, 2013.

Cited By

View all
  • (2018)Optimal Allocation of Real-Time-Bidding and Direct CampaignsProceedings of the 24th ACM SIGKDD International Conference on Knowledge Discovery & Data Mining10.1145/3219819.3219877(416-424)Online publication date: 19-Jul-2018

Recommendations

Comments

Information & Contributors

Information

Published In

cover image ACM Conferences
WSC '15: Proceedings of the 2015 Winter Simulation Conference
December 2015
4051 pages
ISBN:9781467397414

Sponsors

Publisher

IEEE Press

Publication History

Published: 06 December 2015

Check for updates

Qualifiers

  • Research-article

Conference

WSC '15
Sponsor:
WSC '15: Winter Simulation Conference
December 6 - 9, 2015
California, Huntington Beach

Acceptance Rates

WSC '15 Paper Acceptance Rate 202 of 296 submissions, 68%;
Overall Acceptance Rate 3,413 of 5,075 submissions, 67%

Contributors

Other Metrics

Bibliometrics & Citations

Bibliometrics

Article Metrics

  • Downloads (Last 12 months)2
  • Downloads (Last 6 weeks)0
Reflects downloads up to 04 Oct 2024

Other Metrics

Citations

Cited By

View all
  • (2018)Optimal Allocation of Real-Time-Bidding and Direct CampaignsProceedings of the 24th ACM SIGKDD International Conference on Knowledge Discovery & Data Mining10.1145/3219819.3219877(416-424)Online publication date: 19-Jul-2018

View Options

Get Access

Login options

View options

PDF

View or Download as a PDF file.

PDF

eReader

View online with eReader.

eReader

Media

Figures

Other

Tables

Share

Share

Share this Publication link

Share on social media