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Inferring an Optimal Minimum Reserve Price from a Distribution of Bids in an Online Auction
Inferring an Optimal Minimum Reserve Price from a Distribution of Bids in an Online Auction
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机译:通过在线拍卖中的出价分布推断最佳最低底价
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摘要
Methods, apparatuses and systems directed to online auctions for keywords used in queries processed by online search engines. Particular implementations of the invention are directed to correlating a distribution of values to a distribution of bids and an optimal minimum reserve price based on historical bid data accumulated as part of producing search results.
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