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A Personalized Automated Bidding Framework for Fairness-aware Online Advertising

Published: 04 August 2023 Publication History
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  • Abstract

    Powered by machine learning techniques, online advertising platforms have launched various automated bidding strategy services to facilitate intelligent decision-making for advertisers. However, advertisers experience heterogeneous advertising environments, and thus the unified bidding strategies widely used in both academia and industry suffer from severe unfairness issues, resulting in significant ad performance disparity among advertisers. In this work, to resolve the unfairness issue and improve the overall system performance, we propose a personalized automated bidding framework, namely PerBid, shifting the classical automated bidding strategy with a unified agent to multiple context-aware agents corresponding to different advertiser clusters. Specifically, we first design an ad campaign profiling network to model dynamic advertising environments. By clustering the advertisers with similar profiles and generating context-aware automated bidding agents for each cluster, we can match advertisers with personalized automated bidding strategies. Experiments conducted on the real-world dataset and online A/B test on Alibaba display advertising platform demonstrate the effectiveness of PerBid in improving overall ad performance and guaranteeing fairness among heterogeneous advertisers.

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    1. A Personalized Automated Bidding Framework for Fairness-aware Online Advertising

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          cover image ACM Conferences
          KDD '23: Proceedings of the 29th ACM SIGKDD Conference on Knowledge Discovery and Data Mining
          August 2023
          5996 pages
          ISBN:9798400701030
          DOI:10.1145/3580305
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          Published: 04 August 2023

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          Author Tags

          1. e-commerce advertising
          2. fairness-aware online advertising
          3. personalized automated bidding

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          • China NSF grant
          • Shanghai Science and Technology fund
          • National Key R&D Program of China

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