Leveraging the Hints: Adaptive Bidding in Repeated First-Price Auctions

Authors: Wei Zhang, Yanjun Han, Zhengyuan Zhou, Aaron Flores, Tsachy Weissman

NeurIPS 2022 | Conference PDF | Archive PDF | Plain Text | LLM Run Details

Reproducibility Variable Result LLM Response
Research Type Experimental Finally, we complement the theoretical results with demonstrations using real bidding data. [...] This section presents several real-data experiments in repeated first-price auctions based on practical bidding data
Researcher Affiliation Collaboration 1MIT EECS 2MIT IDSS 3Arena Technologies 4NYU Stern 5Yahoo! Research 6Stanford EE {w_zhang, yjhan}@mit.edu z@arena-ai.com aaron.flores@yahooinc.com tsachy@stanford.edu
Pseudocode Yes Algorithm 1: Multiplicative Weights with Hint Intervals [...] Algorithm 2 (pseudocode in Appendix A)
Open Source Code No The paper does not provide an explicit statement or link to open-source code for the described methodology. The checklist indicates "Pseudocode is included but data is confidential", implying no code release.
Open Datasets No This section presents several real-data experiments in repeated first-price auctions based on practical bidding data, where the hint is the context-based prediction provided by blackbox machine learning models. For business confidentiality we do not disclose further information about the datasets.
Dataset Splits No The paper mentions using "around 0.38 million data points" and allocating "all data points to separate bins" but does not specify train, validation, or test dataset splits (e.g., percentages or counts).
Hardware Specification No The paper does not provide any specific hardware details such as GPU models, CPU types, or cloud computing instances used for running the experiments.
Software Dependencies No The paper does not mention any specific software dependencies with version numbers (e.g., Python, TensorFlow, PyTorch versions).
Experiment Setup Yes We implemented Algorithm 3 on dataset with support size K = 5. [...] We allocate all data points to separate bins according to the private value vt