Reading Notes | Auto-biddings and Auctions in Online Advertising by Aggarwal et al. (2024)
This survey comprehensively covers the recent developments over the past two decades in autobidding within the online advertising ecosystem: Most research focuses on specific interactions between two of these components, often through the lenses of mechanism or algorithm design. Alimohammadi (2023). The complexity of the system is evident as it integrates various components—the advertisers, the autioneer, the auto-bidding agents—they are rarely analyzed collectively. The key areas of focus in the survey are divided into three main perspectives:...