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This is the preliminary program for the 2008 Joint Statistical Meetings in Denver, Colorado.

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Activity Number: 168
Type: Invited
Date/Time: Monday, August 4, 2008 : 2:00 PM to 3:50 PM
Sponsor: Section on Statistics and Marketing
Abstract - #300107
Title: Online Ad Auctions
Author(s): Hal Varian*+
Companies: Google, Inc.
Address: 1600 Amphitheatre Parkway, Mt View, CA, 94043,
Keywords: search engines ; online advertising ; game theory ; auction theory
Abstract:

Several commercial search engines use an auction to sell ad space in which the highest bidders get the most preferred positions. Game theoretic models can be used to predict the equilibrium outcomes for these auctions. It appears that data seem to fit the predictions of the game theoretic models reasonably well.


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Revised September, 2008