{"id":"https://openalex.org/W2554686766","doi":"https://doi.org/10.1109/allerton.2011.6120220","title":"Optimal bidding strategies in dynamic auctions with budget constraints","display_name":"Optimal bidding strategies in dynamic auctions with budget constraints","publication_year":2011,"publication_date":"2011-09-01","ids":{"openalex":"https://openalex.org/W2554686766","doi":"https://doi.org/10.1109/allerton.2011.6120220","mag":"2554686766"},"language":"en","primary_location":{"id":"doi:10.1109/allerton.2011.6120220","is_oa":false,"landing_page_url":"https://doi.org/10.1109/allerton.2011.6120220","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2011 49th Annual Allerton Conference on Communication, Control, and Computing (Allerton)","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5109213872","display_name":"R. Gummadi","orcid":null},"institutions":[{"id":"https://openalex.org/I97018004","display_name":"Stanford University","ror":"https://ror.org/00f54p054","country_code":"US","type":"education","lineage":["https://openalex.org/I97018004"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"R. Gummadi","raw_affiliation_strings":["Stanford University, USA"],"affiliations":[{"raw_affiliation_string":"Stanford University, USA","institution_ids":["https://openalex.org/I97018004"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5053550912","display_name":"Peter Key","orcid":"https://orcid.org/0000-0003-4799-368X"},"institutions":[{"id":"https://openalex.org/I4210164937","display_name":"Microsoft Research (United Kingdom)","ror":"https://ror.org/05k87vq12","country_code":"GB","type":"company","lineage":["https://openalex.org/I1290206253","https://openalex.org/I4210164937"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"P. B. Key","raw_affiliation_strings":["Microsoft Research, Cambridge, UK"],"affiliations":[{"raw_affiliation_string":"Microsoft Research, Cambridge, UK","institution_ids":["https://openalex.org/I4210164937"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5025136069","display_name":"Alexandre Prouti\u00e8re","orcid":"https://orcid.org/0000-0002-4679-4673"},"institutions":[{"id":"https://openalex.org/I86987016","display_name":"KTH Royal Institute of Technology","ror":"https://ror.org/026vcq606","country_code":"SE","type":"education","lineage":["https://openalex.org/I86987016"]}],"countries":["SE"],"is_corresponding":false,"raw_author_name":"A. Proutiere","raw_affiliation_strings":["KTH, Sweden"],"affiliations":[{"raw_affiliation_string":"KTH, Sweden","institution_ids":["https://openalex.org/I86987016"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5109213872"],"corresponding_institution_ids":["https://openalex.org/I97018004"],"apc_list":null,"apc_paid":null,"fwci":3.6823,"has_fulltext":false,"cited_by_count":24,"citation_normalized_percentile":{"value":0.93259035,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":null,"issue":null,"first_page":"588","last_page":"588"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11182","display_name":"Auction Theory and Applications","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9965000152587891,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/common-value-auction","display_name":"Common value auction","score":0.9346458911895752},{"id":"https://openalex.org/keywords/bidding","display_name":"Bidding","score":0.8260895609855652},{"id":"https://openalex.org/keywords/markov-decision-process","display_name":"Markov decision process","score":0.6698739528656006},{"id":"https://openalex.org/keywords/budget-constraint","display_name":"Budget constraint","score":0.5382968783378601},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5252040028572083},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5076407194137573},{"id":"https://openalex.org/keywords/unique-bid-auction","display_name":"Unique bid auction","score":0.486800879240036},{"id":"https://openalex.org/keywords/markov-process","display_name":"Markov process","score":0.3830260932445526},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3762935996055603},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.2835097312927246},{"id":"https://openalex.org/keywords/auction-theory","display_name":"Auction theory","score":0.27388796210289},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.18809333443641663}],"concepts":[{"id":"https://openalex.org/C163239763","wikidata":"https://www.wikidata.org/wiki/Q5153637","display_name":"Common value auction","level":2,"score":0.9346458911895752},{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.8260895609855652},{"id":"https://openalex.org/C106189395","wikidata":"https://www.wikidata.org/wiki/Q176789","display_name":"Markov decision process","level":3,"score":0.6698739528656006},{"id":"https://openalex.org/C8505890","wikidata":"https://www.wikidata.org/wiki/Q605095","display_name":"Budget constraint","level":2,"score":0.5382968783378601},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5252040028572083},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5076407194137573},{"id":"https://openalex.org/C205871297","wikidata":"https://www.wikidata.org/wiki/Q765312","display_name":"Unique bid auction","level":4,"score":0.486800879240036},{"id":"https://openalex.org/C159886148","wikidata":"https://www.wikidata.org/wiki/Q176645","display_name":"Markov process","level":2,"score":0.3830260932445526},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3762935996055603},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2835097312927246},{"id":"https://openalex.org/C11276805","wikidata":"https://www.wikidata.org/wiki/Q771334","display_name":"Auction theory","level":3,"score":0.27388796210289},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.18809333443641663},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/allerton.2011.6120220","is_oa":false,"landing_page_url":"https://doi.org/10.1109/allerton.2011.6120220","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2011 49th Annual Allerton Conference on Communication, Control, and Computing (Allerton)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":2,"referenced_works":["https://openalex.org/W1994262367","https://openalex.org/W2051015143"],"related_works":["https://openalex.org/W2147694495","https://openalex.org/W1984203460","https://openalex.org/W1995388959","https://openalex.org/W1562320220","https://openalex.org/W1481342210","https://openalex.org/W2532780566","https://openalex.org/W2059765468","https://openalex.org/W2050405120","https://openalex.org/W3125102024","https://openalex.org/W1980294096"],"abstract_inverted_index":{"We":[0],"consider":[1],"the":[2,40,46,59],"problem":[3,47],"of":[4,14,22,32,67],"a":[5,12,30,49,64],"bidder":[6,60],"with":[7],"limited":[8],"budget":[9],"competing":[10],"in":[11,29,63],"series":[13],"second-price":[15],"auctions.":[16,37,68],"A":[17],"motivating":[18],"example":[19],"is":[20,61],"that":[21],"sponsored":[23],"search":[24],"auctions,":[25],"where":[26],"advertisers":[27],"bid":[28],"sequence":[31],"repeated":[33],"generalized":[34],"second":[35],"price":[36],"To":[38],"characterize":[39],"optimal":[41],"bidding":[42],"strategy,":[43],"we":[44],"formulate":[45],"as":[48],"discounted":[50],"Markov":[51],"Decision":[52],"Process,":[53],"and":[54],"provide":[55],"explicit":[56],"solutions":[57],"when":[58],"involved":[62],"large":[65],"number":[66]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":6},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":2}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}