Dominant strategy truthful, deterministic multi-armed bandit mechanisms with logarithmic regret for sponsored search auctions
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DOI: 10.1007/s10489-021-02387-2
Abstract: Stochastic multi-armed bandit (MAB) mechanisms are widely used in sponsored search auctions, crowdsourcing, online procurement, etc. Existing stochastic MAB mechanisms with a deterministic payment rule, proposed in the literature, necessarily suffer a regret of Ω… read more here.
Keywords: multi armed; sponsored search; dominant strategy; search auctions ... See more keywords