5 ms·
But that's not what the witness expert claims. He said "squashing". Google used a second price auction, and also it ranked ads in the auction by bid multiplied
by mathteddybear 3y ago
But that's not what the witness expert claims. He said "squashing".
Google used a second price auction, and also it ranked ads in the auction by bid multiplied by click through rate. Squashing is something like ranking ads by (bid * power(ctr, gamma)) where 0 < gamma < 1. In auctions where the 3rd bid (or lower) wins under the (bid * ctr) rank switching to squashing may increase revenue, because the actually higher bid will win the auction.