arXiv:1204.0535cs.GT
Doubleclick Ad Exchange Auction
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Abstract
Display advertisements on the web are sold via ad exchanges that use real time auction. We describe the challenges of designing a suitable auction, and present a simple auction called the Optional Second Price (OSP) auction that is currently used in Doubleclick Ad Exchange.
This isn't accurate. Google's search ad auction started as a generalized second-price (GSP) auction[1][2], which is not the same as VCG. In particular, GSP is not truthful, while VCG is. The display ads auction (formerly DoubleClick Ad Exchange, now Google Ad Manager) has always…
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