Introduces IC-Envy metric for auction incentive compatibility that satisfies IC-Envy ≥ IC-Regret in position auctions and ad types, bounds social welfare loss from misreports, and improves ML prediction of regret over price/value features.
Envy-free sponsored search auctions with budgets
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Envy, Regret, and Social Welfare Loss
Introduces IC-Envy metric for auction incentive compatibility that satisfies IC-Envy ≥ IC-Regret in position auctions and ad types, bounds social welfare loss from misreports, and improves ML prediction of regret over price/value features.