Efficiency of Proportional Mechanisms in Online Auto-Bidding Advertising

Fuente: arXiv
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Autore principale: Thang, Nguyen Kim
Natura: Preprint
Pubblicazione: 2026
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author Thang, Nguyen Kim
author_facet Thang, Nguyen Kim
contents The rise of automated bidding strategies in online advertising presents new challenges in designing and analyzing efficient auction mechanisms. In this paper, we focus on proportional mechanisms within the context of auto-bidding and study the efficiency of pure Nash equilibria, specifically the price of anarchy (PoA), under the liquid welfare objective. We first establish a tight PoA bound of 2 for the standard proportional mechanism. Next, we introduce a modified version with an alternative payment scheme that achieves a PoA bound of $1 + \frac{O(1)}{n-1}$ where $n \geq 2$ denotes the number of bidding agents. This improvement surpasses the existing PoA barrier of 2 and approaches full efficiency as the number of agents increases. Our methodology leverages duality and the Karush-Kuhn-Tucker (KKT) conditions from linear and convex programming. Due to its conceptual simplicity, our approach may offer broader applications for establishing PoA bounds.
format Preprint
id arxiv_https___arxiv_org_abs_2604_12799
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle Efficiency of Proportional Mechanisms in Online Auto-Bidding Advertising
Thang, Nguyen Kim
Computer Science and Game Theory
Artificial Intelligence
Data Structures and Algorithms
The rise of automated bidding strategies in online advertising presents new challenges in designing and analyzing efficient auction mechanisms. In this paper, we focus on proportional mechanisms within the context of auto-bidding and study the efficiency of pure Nash equilibria, specifically the price of anarchy (PoA), under the liquid welfare objective. We first establish a tight PoA bound of 2 for the standard proportional mechanism. Next, we introduce a modified version with an alternative payment scheme that achieves a PoA bound of $1 + \frac{O(1)}{n-1}$ where $n \geq 2$ denotes the number of bidding agents. This improvement surpasses the existing PoA barrier of 2 and approaches full efficiency as the number of agents increases. Our methodology leverages duality and the Karush-Kuhn-Tucker (KKT) conditions from linear and convex programming. Due to its conceptual simplicity, our approach may offer broader applications for establishing PoA bounds.
title Efficiency of Proportional Mechanisms in Online Auto-Bidding Advertising
topic Computer Science and Game Theory
Artificial Intelligence
Data Structures and Algorithms
url https://arxiv.org/abs/2604.12799